244.07 Meaning and effect of power of attorney.
(1) The meaning and effect of a power of attorney is determined by the law of the jurisdiction indicated in the power of attorney and, in the absence of an indication of jurisdiction in the power of attorney, by the law of the jurisdiction in which the power of attorney was executed.
(2) Unless specifically stated, a power of attorney does not authorize gifting, self-dealing, or oral amendment of the power of attorney, and any such specific authority shall be strictly construed.
History: 2009 a. 319.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 244 - Uniform power of attorney for finances and property.
244.04 - Power of attorney is durable.
244.05 - Execution of power of attorney.
244.06 - Validity of power of attorney.
244.07 - Meaning and effect of power of attorney.
244.08 - Nomination of guardian; relation of agent to court-appointed fiduciary.
244.09 - When a power of attorney is effective.
244.10 - Termination of power of attorney or agent's authority.
244.11 - Coagents and successor agents.
244.12 - Reimbursement and compensation of agent.
244.15 - Exoneration of agent.
244.18 - Agent's resignation; notice.
244.19 - Protection of persons that accept and rely upon an acknowledged power of attorney.
244.20 - Refusal to accept acknowledged power of attorney.
244.21 - Laws applicable to financial institutions and entities.
244.41 - Authority that requires specific grant, grant of general authority.
244.42 - Incorporation of authority.
244.43 - Construction of authority generally.
244.45 - Tangible personal property.
244.47 - Commodities and options.
244.48 - Banks and other financial institutions.
244.49 - Operation of entity or business.
244.50 - Insurance and annuities.
244.51 - Estates, trusts, and other beneficial interests.
244.52 - Claims and litigation.
244.53 - Personal and family maintenance.
244.54 - Benefits from governmental programs or civil or military service.
244.61 - Statutory Form Power of Attorney for Finances and Property.
244.62 - Agent's certification.