(a)As used in this act:
(i)"Agent" means a person granted authority to act
for a principal under a power of attorney whether denominated an
agent, attorney-in-fact or otherwise. "Agent" includes an
original agent, coagent, successor agent and a person to which
an agent's authority is delegated;
(ii)"Durable," with respect to a power of attorney,
means not terminated by the principal's incapacity;
(iii)"Electronic" means relating to technology
having electrical, digital, magnetic, wireless, optical,
electromagnetic or similar capabilities;
(iv)"Good faith" means honesty in fact;
(v)"Incapacity" means inability of a person to
manage property or business affairs because the person:
(A)Has an impairment in the ability to receive
and evaluate information or make or communicate decisions
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(a) As used in this act:
(i) "Agent" means a person granted authority to act
for a principal under a power of attorney whether denominated an
agent, attorney-in-fact or otherwise. "Agent" includes an
original agent, coagent, successor agent and a person to which
an agent's authority is delegated;
(ii) "Durable," with respect to a power of attorney,
means not terminated by the principal's incapacity;
(iii) "Electronic" means relating to technology
having electrical, digital, magnetic, wireless, optical,
electromagnetic or similar capabilities;
(iv) "Good faith" means honesty in fact;
(v) "Incapacity" means inability of a person to
manage property or business affairs because the person:
(A) Has an impairment in the ability to receive
and evaluate information or make or communicate decisions even
with the use of technological assistance; or
(B) Is:
(I) Missing;
(II) Detained, including incarcerated in a
penal system; or
(III) Outside the United States and unable
to return.
(vi) "Power of attorney" means a writing or other
record that grants authority to an agent to act in the place of
the principal whether or not the term power of attorney is used;
(vii) "Presently exercisable general power of
appointment," with respect to property or a property interest
subject to a power of appointment, means power exercisable at
the time in question to vest absolute ownership in the principal
individually, the principal's estate, the principal's creditors
or the creditors of the principal's estate. "Presently
exercisable general power of appointment" includes a power of
appointment not exercisable until the occurrence of a specified
event, the satisfaction of an ascertainable standard or the
passage of a specified period but only after the occurrence of
the specified event, the satisfaction of the ascertainable
standard or the passage of the specified period. "Presently
exercisable general power of appointment" does not include a
power exercisable in a fiduciary capacity or a power exercisable
only by will;
(viii) "Principal" means a person who grants
authority to an agent in a power of attorney;
(ix) "Property" means anything that may be the
subject of ownership whether real or personal, or legal or
equitable, or any interest or right therein;
(x) "Record" means information that is inscribed on a
tangible medium or that is stored in an electronic or other
medium and is retrievable in perceivable form;
(xi) "Sign" means, with present intent to
authenticate or adopt a record, to:
(A) Execute or adopt a tangible symbol; or
(B) Attach to or logically associate with the
record an electronic sound, symbol or process.
(xii) "State" means a state of the United States, the
District of Columbia, Puerto Rico, the United States Virgin
Islands or any territory or insular possession subject to the
jurisdiction of the United States;
(xiii) "Stocks and bonds" means stocks, bonds, mutual
funds and all other types of securities and financial
instruments whether held directly, indirectly or in any other
manner. "Stocks and bonds" does not include commodity futures
contracts and call or put options on stocks or stock indexes;
(xiv) "This act" means W.S. 3-9-101 through 3-9-403.