Utah § 75A-2-115 Exoneration of agent.

Utah Statutes

§ 75A-2-115 — Exoneration of agent.

Utah·Title 75A Fiduciaries·Ch. 75A-2 Uniform Power of Attorney Act·Part 75A-2-1 General Provisions

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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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.

Utah § 75A-2-115 (Exoneration of agent.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.