Sec. 5. The principal may provide in the power of attorney that the attorney in fact is liable only if the attorney in fact acts in bad faith. This exoneration is binding on the principal and the principal's successors in interest.
As added by P.L.149-1991, SEC.2.
Structure Indiana Code
Title 30. Trusts and Fiduciaries
30-5-9-1. Negligent Exercise of Power; Bad Faith
30-5-9-2. Attorney in Fact Benefiting From Act; Individual or Conflicting Interests
30-5-9-3. Amended or Terminated Power of Attorney
30-5-9-4. Errors of Judgment; Actions or Defaults of Other Persons
30-5-9-6. Successor Attorney in Fact Not Liable for Acts of Predecessor
30-5-9-7. Co-Attorneys in Fact
30-5-9-8. Good Faith Purchasers; Persons Accepting Authority of Attorney in Fact
30-5-9-9. Persons Refusing to Accept Authority of Attorney in Fact