Wyoming Statutes
§ 3-9-115 — Exoneration of agent
(a)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:
(i)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
(ii)Was inserted as a result of an abuse of a
confidential or fiduciary relationship with the principal.
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Nearby Sections
15
§ 3-9-101
Short title§ 3-9-102
Definitions§ 3-9-103
Applicability§ 3-9-104
Power of attorney is durable§ 3-9-105
Execution of power of attorney§ 3-9-106
Validity of power of attorney§ 3-9-109
When power of attorney effective§ 3-9-111
Coagents and successor agents§ 3-9-113
Agent's acceptance§ 3-9-114
Agent's duties§ 3-9-115
Exoneration of agent