Section 633B.118 - Agent’s resignation — notice.

IA Code § 633B.118 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

633B.118 Agent’s resignation — notice.

Unless the power of attorney provides for a different method for an agent’s resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated, to any of the following:

1. The conservator or guardian, if a conservator or guardian has been appointed for the principal, and any coagent or successor agent.

2. If there is no conservator, guardian, or coagent or successor agent, the agent may give notice to any of the following:

a. The principal’s caregiver, including but not limited to a caretaker as defined in section 235B.2 or 235E.1.

b. Any other person reasonably believed by the agent to have sufficient interest in the principal’s welfare.

c. A governmental agency having regulatory authority to protect the welfare of the principal.

2014 Acts, ch 1078, §20