Tennessee Statutes
§ 34-6-107 — Fiduciary relationship of attorney in fact with the principal
Tennessee·Title 34
An attorney in fact is in a fiduciary relationship with the principal, but only to the extent that the attorney in fact undertakes to act under the power of attorney. Among the fiduciary duties required by law, an attorney in fact has a duty to adequately account to the principal, or to any legal representative of the principal appointed by the principal or by a court, for actions taken by the attorney in fact in the exercise of the power of attorney. It is the intent of the general assembly that this section have retroactive application.
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Tennessee § 34-6-107 (Fiduciary relationship of attorney in fact with the principal) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
in Re Estate of Eunice Katherine Sanders McCollum
(Court of Criminal Appeals of Tennessee, 2017)
Janice Taylor v. Jack Edward Taylor
(Court of Appeals of Tennessee, 2008)
Carol J. Cataldo v. Larry B. Stanley, Sr., of The Estate of James Alton Julian
(Court of Appeals of Tennessee, 2009)
In Re Estate of Eloise J. Storey Peggie Sherrill Huber v. Lawrence G. Yohanek, CPA, a/k/a Larry G. Yohanek, Sharron S. Yohanek, and John Gary Storey
(Court of Appeals of Tennessee, 2011)
Legislative History
Acts 2007, ch. 8, § 9.
Nearby Sections
15
§ 34-1-101
Chapter 1-3 definitions§ 34-1-105
Bond§ 34-1-106
Petition for appointment of fiduciary§ 34-1-107
Guardian ad litem§ 34-1-108
Hearings on petitions - Notice§ 34-1-110
Management of property - Inventory - Filing - Failure to file or appear - Revocation of authority§ 34-1-112
Compensation to fiduciary§ 34-1-113
Payments by fiduciary§ 34-1-114
Charging of costs of proceedings