A bank and trust company or a trust company authorized to act as a fiduciary in this Commonwealth and acting as an agent pursuant to a power of attorney, or appointed by another who possesses such a power, shall have the powers, duties and liabilities set forth in section 3321 (relating to nominee registration; corporate fiduciary as agent; deposit of securities in a clearing corporation; book-entry securities).
(Oct. 12, 1999, P.L.422, No.39, eff. 60 days)
1999 Amendment. See section 13(8) of Act 39 in the appendix to this title for special provisions relating to applicability.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 56 - Powers of Attorney
Section 5601 - General provisions
Section 5601.1 - Powers of attorney presumed durable
Section 5601.2 - Special rules for gifts (Repealed)
Section 5601.3 - Agent's duties
Section 5601.4 - Authority that requires specific and general grant of authority
Section 5602 - Form of power of attorney
Section 5603 - Implementation of power of attorney
Section 5604 - Durable powers of attorney
Section 5605 - Power of attorney not revoked until notice
Section 5606 - Proof of continuance of powers of attorney by affidavit.
Section 5607 - Corporate agent
Section 5608 - Acceptance of and reliance upon power of attorney
Section 5608.1 - Liability for refusal to accept power of attorney
Section 5608.2 - Activities through employees
Section 5609 - Compensation and reimbursement for expenses
Section 5612 - Principles of law and equity