Sec. 3. (a) Except as otherwise stated in the power of attorney, if more than one (1) attorney in fact is named, each attorney in fact may act independently of the other attorney in fact in the exercise of a power or duty.
(b) Except as otherwise stated in the power of attorney, if:
(1) more than one (1) attorney in fact is named; and
(2) one (1) attorney in fact fails to serve or ceases to serve;
the remaining attorney in fact may continue to act under the power of attorney without a successor for the attorney in fact who failed to serve or ceased to serve.
As added by P.L.149-1991, SEC.2.
Structure Indiana Code
Title 30. Trusts and Fiduciaries
Chapter 4. Creation of a Power of Attorney
30-5-4-1. Validity of Power; Conditions
30-5-4-1.3. Attesting and Subscribing Witnesses; Validity
30-5-4-1.5. Witnesses; Counterparts; Supervision of the Execution
30-5-4-1.7. Self-Proving Clause; Counterparts
30-5-4-1.9. Admissibility of Recordings and Images
30-5-4-2. Time Power Becomes Effective; Incapacity of the Principal
30-5-4-3. More Than One Attorney in Fact; Independent Actions; Failure or Cessation of Service
30-5-4-4. Failure or Cessation of Service; Circumstances; Successor Attorney in Fact; Powers