Montana Statutes
§ 72-31-320 — Exoneration Of Agent
Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 31 MISCELLANEOUS PROVISIONS RELATING TO FIDUCIARIES·Part 3 Uniform Power of Attorney Act
72-31-320 . Exoneration of agent. A provision in a power of attorney relieving an agent of liability for breach of duty is binding on the principal and the principal's successors in interest except to the extent the provision:
(1)relieves the agent of liability for breach of duty committed dishonestly, with an improper motive, or with reckless indifference to the purposes of the power of attorney or the best interest of the principal; or
(2)was inserted as a result of an abuse of a confidential or fiduciary relationship with the principal.
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Montana § 72-31-320 (Exoneration Of Agent) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 14, Ch. 109, L. 2011.
Nearby Sections
15
§ 72-31-103
Validation Of Fiduciary Sales§ 72-31-201
Repealed§ 72-31-202
Renumbered 72-31-224§ 72-31-203
Renumbered 72-31-225§ 72-31-204
Renumbered 72-31-226§ 72-31-205
Renumbered 72-31-228§ 72-31-206
Renumbered 72-31-229§ 72-31-207
Renumbered 72-31-230§ 72-31-208
Renumbered 72-31-231§ 72-31-209
Repealed§ 72-31-210
Repealed§ 72-31-211
Renumbered 72-31-232§ 72-31-212
Renumbered 72-31-233