(a) For purposes of this section and Section 62-8-120, "acknowledged" means purportedly executed pursuant to Section 62-8-105.
(b) A person that in good faith accepts an acknowledged power of attorney without actual knowledge that the power of attorney is void, invalid, or terminated, that the purported agent's authority is void, invalid, or terminated, or that the agent is exceeding or improperly exercising the agent's authority may rely upon the power of attorney as if the power of attorney were genuine, valid and still in effect, the agent's authority were genuine, valid and still in effect, and the agent had not exceeded and had properly exercised the authority.
(c) A person that is asked to accept an acknowledged power of attorney may request, and rely upon, without further investigation an:
(1) agent's certification under penalty of perjury of a factual matter concerning the principal, agent, or power of attorney; and
(2) English translation of the power of attorney if the power of attorney contains, in whole or in part, language other than English; and
(3) opinion of counsel as to a matter of law concerning the power of attorney if the power of attorney does not appear to be effective pursuant to Section 62-8-109. Such a request must provide a reason and be in writing.
(d) An English translation or an opinion of counsel requested pursuant to this section must be provided at the principal's expense unless the request is made more than seven business days after the power of attorney is presented for acceptance.
(e) For purposes of this section and Section 62-8-120, a person that conducts activities through employees is without actual knowledge of a fact relating to a power of attorney, a principal, or an agent if the employee conducting the transaction involving the power of attorney is without actual knowledge of the fact.
(f) The following optional form may be used by an agent to certify facts concerning a power of attorney:
AGENT'S CERTIFICATION AS TO THE VALIDITY OF POWER OF ATTORNEY AND AGENT'S AUTHORITY
State of _____________________________
[County] of___________________________
I, _____________________________________________ (Name of Agent), [certify] under penalty of perjury that __________________________________________(Name of Principal) granted me authority as an agent or successor agent in a power of attorney dated ________________________.
I further [certify] that to my knowledge:
(1) the Principal is alive and has not revoked the Power of Attorney or my authority to act under the Power of Attorney and the Power of Attorney and my authority to act under the Power of Attorney have not terminated;
(2) the action I desire to take is within the scope of my authority granted under the Power of Attorney.
(3) if the Power of Attorney was drafted to become effective upon the happening of an event or contingency, the event or contingency has occurred;
(4) if I was named as a successor agent, the prior agent is no longer able or willing to serve; and
(5) _____________________________________________
______________________________________________________
______________________________________________________
(Insert Other Relevant Statements)
SIGNATURE AND ACKNOWLEDGMENT
Agent's Signature Date
_____________________________________________
Agent's Name Printed
____________________________________________
____________________________________________
Agent's Address
____________________________________________
Agent's Telephone Number
This document was acknowledged before me on __________________________,
(Date)
by______________________________________.
(Name of Agent)
____________________________________________(Seal, if any)
Signature of Notary _________________________________
My commission expires: ________________________
[This document prepared by:
_____________________________________________________]
HISTORY: 2016 Act No. 279 (S.778), Section 1, eff January 1, 2017.
Structure South Carolina Code of Laws
Title 62 - South Carolina Probate Code
Article 8 - South Carolina Uniform Power Of Attorney Act
Section 62-8-101. Short title.
Section 62-8-102. Definitions.
Section 62-8-103. Applicability.
Section 62-8-104. Power of attorney is durable.
Section 62-8-105. Execution of power of attorney.
Section 62-8-106. Validity of power of attorney.
Section 62-8-107. Meaning and effect of power of attorney.
Section 62-8-109. When power of attorney effective.
Section 62-8-110. Termination of power of attorney or agent's authority.
Section 62-8-111. Coagents and successor agents.
Section 62-8-112. Reimbursement and compensation of agent.
Section 62-8-113. Agent's acceptance.
Section 62-8-114. Agent's duties.
Section 62-8-115. Exoneration of agent.
Section 62-8-116. Judicial relief.
Section 62-8-117. Agent's liability.
Section 62-8-118. Agent's resignation; notice.
Section 62-8-119. Acceptance of and reliance upon acknowledged power of attorney; form.
Section 62-8-120. Liability for refusal to accept acknowledged power of attorney.
Section 62-8-121. Principles of law and equity.
Section 62-8-122. Laws applicable to financial institutions and entities.
Section 62-8-123. Remedies under other law.
Section 62-8-201. Authority that requires specific grant; grant of general authority.
Section 62-8-202. Incorporation of authority.
Section 62-8-203. Construction of authority generally.
Section 62-8-204. Real property.
Section 62-8-205. Tangible personal property.
Section 62-8-206. Stocks and bonds.
Section 62-8-207. Commodities and options.
Section 62-8-208. Banks and other financial institutions.
Section 62-8-209. Operation of entity or business.
Section 62-8-210. Insurance and annuities.
Section 62-8-211. Estates, trusts, and other beneficial interests.
Section 62-8-212. Claims and litigation.
Section 62-8-213. Personal and family maintenance.
Section 62-8-214. Benefits from governmental programs or civil or military service.
Section 62-8-215. Retirement plans.
Section 62-8-401. Jurisdiction.
Section 62-8-402. Relation to Electronic Signatures in Global and National Commerce Act.