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 one has been appointed for the principal, and a coagent or successor agent;
2. If there is no person described in subdivision 1, to an adult who is a spouse, child or other descendant, parent, brother, or sister of the principal;
3. If none of the foregoing persons is reasonably available, another person reasonably believed by the agent to have sufficient interest in the principal's welfare; or
4. If none of the foregoing persons is reasonably available, the adult protective services unit of the local department of social services for the county or city where the principal resides or is located.
2010, cc. 455, 632, § 26-89; 2012, c. 614.
Structure Code of Virginia
Title 64.2 - Wills, Trusts, and Fiduciaries
Chapter 16 - Uniform Power of Attorney Act
§ 64.2-1602. Power of attorney is durable
§ 64.2-1603. Execution of power of attorney
§ 64.2-1604. Validity of power of attorney
§ 64.2-1605. Meaning and effect of power of attorney
§ 64.2-1606. Nomination of conservator or guardian; relation of agent to court-appointed fiduciary
§ 64.2-1607. When power of attorney effective
§ 64.2-1608. Termination of power of attorney or agent's authority
§ 64.2-1609. Coagents and successor agents
§ 64.2-1610. Reimbursement and compensation of agent
§ 64.2-1611. Agent's acceptance
§ 64.2-1613. Exoneration of agent
§ 64.2-1615. Agent's liability
§ 64.2-1616. Agent's resignation; notice
§ 64.2-1617. Acceptance of and reliance upon acknowledged power of attorney
§ 64.2-1618. Liability for refusal to accept acknowledged power of attorney
§ 64.2-1619. Principles of law and equity
§ 64.2-1620. Laws applicable to financial institutions and entities
§ 64.2-1621. Remedies under other law
§ 64.2-1622. Authority that requires specific grant; grant of general authority
§ 64.2-1623. Incorporation of authority
§ 64.2-1624. Construction of authority generally
§ 64.2-1626. Tangible personal property
§ 64.2-1628. Commodities and options
§ 64.2-1629. Banks and other financial institutions
§ 64.2-1630. Operation of entity or business
§ 64.2-1631. Insurance and annuities
§ 64.2-1632. Estates, trusts, and other beneficial interests
§ 64.2-1633. Claims and litigation
§ 64.2-1634. Personal and family maintenance
§ 64.2-1635. Benefits from governmental programs or civil or military service
§ 64.2-1639. Agent's certification
§ 64.2-1640. Uniformity of application and construction
§ 64.2-1641. Relation to Electronic Signatures in Global and National Commerce Act