Ala. Code § 26-1A-118

Current through the 2024 Regular Session.
Section 26-1A-118 - Agent's resignation; notice

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

(1) to the conservator, or guardian if there is no conservator, if either has been appointed for the principal and a co-agent or successor agent; or
(2) if there is no person described in paragraph (1):
(A) the principal's caregiver;
(B) another person reasonably believed by the agent to have sufficient interest in the principal's welfare; or
(C) a governmental agency having authority to protect the welfare of the principal.

Ala. Code § 26-1A-118 (1975)

Act 2011-683, §1.