Utah Statutes
§ 75A-2-118 — Agent's resignation -- Notice.
Unless the power of attorney provides a different method for an agent's resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated:
(1)to the guardian, if one has been appointed for the principal, and a coagent or successor agent; or
(2)if there is no person described in Subsection (1), to:
(2)(a) the principal's caregiver;
(2)(b) another person reasonably believed by the agent to have sufficient interest in the principal's welfare; or
(2)(c) a governmental agency having authority to protect the welfare of the principal.
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Legislative History
Renumbered and Amended by Chapter 364, 2024 General Session
Nearby Sections
15
§ 75A-1-101
Definitions for title.§ 75A-1-102
Transition clause.§ 75A-1-201
Definitions for part.§ 75A-1-202
Transactions prior to May 12, 1925.§ 75A-1-203
Payments or transfers made to a fiduciary.§ 75A-1-206
Checks drawn by or payable to a fiduciary.§ 75A-1-207
Bank deposits in the name of a fiduciary.§ 75A-1-208
Checks drawn in name of a principal.§ 75A-1-209
Deposits in a fiduciary's personal account.§ 75A-1-210
Deposits in name of several trustees.§ 75A-2-101
Reserved.§ 75A-2-102
Definitions for chapter.§ 75A-2-103
Applicability.