Sec. 18. Language conferring general authority with respect to delegating authority means the principal authorizes the attorney in fact to delegate in writing to one (1) or more persons any or all powers given to the attorney in fact by the power of attorney. An action taken by a person holding delegated authority under this section binds the principal and persons who are obligated under IC 30-5-8 to obey instructions issued by the attorney in fact who delegated the authority, even if the attorney in fact who delegated the authority fails to serve or ceases to serve as provided under IC 30-5-4-4 unless:
(1) the principal revokes the delegation of authority;
(2) the delegation of authority by the attorney in fact is revoked by another attorney in fact who:
(A) is named in the power of attorney; and
(B) currently has authority and priority to act for the principal;
(3) the power of attorney expires or is otherwise invalid or unenforceable; or
(4) the power of attorney or the document in which the attorney delegates authority specifically provides that the delegation of authority is terminated when the attorney in fact who delegated the authority fails to serve or ceases to serve as provided under IC 30-5-4-4.
As added by P.L.149-1991, SEC.2. Amended by P.L.51-2014, SEC.28.
Structure Indiana Code
Title 30. Trusts and Fiduciaries
30-5-5-1. Incorporation of Powers; References; Similar or Overlapping Powers; Modification
30-5-5-2. Real Property Transactions
30-5-5-3. Tangible Personal Property Transactions
30-5-5-4. Bond, Share, and Commodity Transactions
30-5-5-5. Banking Transactions
30-5-5-6. Business Operating Transactions
30-5-5-7. Insurance Transactions
30-5-5-7.5. Transfer on Death Transfers
30-5-5-8. Beneficiary Transactions
30-5-5-10. Fiduciary Transactions
30-5-5-11. Claims and Litigation
30-5-5-13. Benefits From Military Service
30-5-5-14. Records, Reports, and Statements
30-5-5-15. Estate Transactions
30-5-5-16. Health Care Powers; Religious Tenets; Funeral Planning Declaration
30-5-5-17. Consent to or Refusal of Health Care