18-C §5-903. Applicability

18-C ME Rev Stat § 5-903 (2019) (N/A)
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§5-903. Applicability

This Part applies to all powers of attorney except:   [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]

1.  Coupled with an interest in the subject of the power.  A power to the extent it is coupled with an interest in the subject of the power, including a power given to or for the benefit of a creditor in connection with a credit transaction;

[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]

2.  Health care decisions.  A power to make health care decisions;

[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]

3.  Proxy or other delegation to exercise rights.  A proxy or other delegation to exercise voting rights or management rights with respect to an entity; and

[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]

4.  Governmental purpose.  A power created on a form prescribed by a government or governmental subdivision, agency or instrumentality for a governmental purpose.

[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]

SECTION HISTORY

PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).