Sec. 5505.
(1) If an attorney in fact acts in good-faith reliance on a power of attorney, durable or otherwise, and executes a sworn statement stating that, at the time of the action, the attorney in fact did not have actual knowledge of the principal's death, disability, or incapacity or of the power's termination by revocation, the sworn statement is, in the absence of fraud, conclusive proof of the power's nontermination or nonrevocation.
(2) If the exercise of the power of attorney requires execution and delivery of an instrument that is recordable, the sworn statement when authenticated for record is also recordable.
(3) This section does not affect a provision in a power of attorney for its termination by expiration of time or occurrence of an event other than express revocation or a change in the principal's capacity.
History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
Structure Michigan Compiled Laws
Chapter 700 - Estates and Protected Individuals Code
Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)
Section 700.5501 - Durable Power of Attorney; Definition; Attorney-in-Fact.
Section 700.5503 - Relation of Attorney in Fact to Court-Appointed Fiduciary.
Section 700.5504 - Power of Attorney Not Revoked Until Notice.
Section 700.5505 - Proof of Continuance of Durable and Other Powers of Attorney by Affidavit.
Section 700.5507 - Patient Advocate Designation; Statement; Acceptance.
Section 700.5508 - Determination of Advocate's Authority to Act.
Section 700.5509 - Authority and Responsibilities of Patient Advocate; Suspension.
Section 700.5510 - Revocation of Patient Advocate Designation.
Section 700.5511 - Binding Effect; Liability of Provider; Exception; Dispute.
Section 700.5512 - Restrictions.
Section 700.5513 - Repealed. 2004, Act 532, Imd. Eff. Jan. 3, 2005.