Indiana Statutes
§ 30-5-9-1 — Negligent exercise of power; bad faith
Indiana § 30-5-9-1
This text of Indiana § 30-5-9-1 (Negligent exercise of power; bad faith) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 30-5-9-1 (2026).
Text
(a)An attorney in fact is liable for the negligent
exercise of the power of attorney, except for the exercise of the attorney
in fact's power under IC 30-5-5-16 or IC 30-5-5-17.
(b)An attorney in fact is liable for the exercise of authority or
failure to exercise authority under IC 30-5-5-16 or IC 30-5-5-17 only
if the attorney in fact acted in bad faith.
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Legislative History
As added by P.L.149-1991, SEC.2. Amended by P.L.1-2006,
SEC.495.
Nearby Sections
15
§ 30-1-2-1
Stocks; bonds; securities§ 30-1-2-2
Securities not listed; terms§ 30-1-4-1
Eligible investments§ 30-1-5-1
Securities; insurance§ 30-1-6-3
Bidding; report; hearing; endorsement§ 30-1-6-5
Acts conclusive; disaffirmance denied§ 30-1-7-2
Petition to execute options; prospectus§ 30-1-7-3
Hearing; order of court§ 30-1-7-4
Binding and conclusive; disaffirmance§ 30-1-8-1
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 30-5-9-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-5-9-1.