Sec. 751.102. DUTY TO TIMELY INFORM PRINCIPAL. (a) The agent shall timely inform the principal of each action taken under a durable power of attorney.
(b) Failure of an agent to timely inform, as to third parties, does not invalidate any action of the agent.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.01, eff. January 1, 2014.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 834 (H.B. 1974), Sec. 4, eff. September 1, 2017.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle P - Durable Powers of Attorney
Chapter 751 - General Provisions Regarding Durable Powers of Attorney
Subchapter C. Duty to Inform and Account
Section 751.101. Fiduciary Duties
Section 751.102. Duty to Timely Inform Principal
Section 751.103. Maintenance of Records