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30-5-8-3. Signature of attorney in fact as attestation; conclusive proof

IN Code § 30-5-8-3 (2019) (N/A)
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Sec. 3. A signature of the attorney in fact that identifies the principal and the attorney in fact, or a similar written disclosure, is an attestation and is conclusive proof to a party relying on the attestation, except a party with actual knowledge that the attestation is false, that:

(1) the principal was competent at the time the power of attorney was executed;

(2) the attorney in fact does not have actual knowledge of the termination of the power of attorney;

(3) in the case of a successor attorney in fact, the original attorney in fact has failed or ceased to serve, and the successor attorney in fact is empowered to act on behalf of the principal; and

(4) if the effective date of the power of attorney begins upon the occurrence of a certain event, the event has occurred and the attorney in fact is able to act under the power of attorney.

As added by P.L.149-1991, SEC.2.

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