§ 3032. Operation of entity or business
Oklahoma Statutes AnnotatedTitle 58. Probate ProcedureEffective: November 1, 2021
Effective: November 1, 2021
58 Okl.St.Ann. § 3032
§ 3032. Operation of entity or business
Subject to the terms of a document or an agreement governing an entity or an entity ownership interest, and unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to operation of an entity or business authorizes the agent to:
13. Pay, compromise or contest taxes, assessments, fines or penalties and perform any other act to protect the principal from illegal or unnecessary taxation, assessments, fines or penalties, with respect to an entity or business, including attempts to recover, in any manner permitted by law, money paid before or after the execution of the power of attorney.
Credits
Laws 2021, c. 332, § 32, eff. Nov. 1, 2021.
58 Okl. St. Ann. § 3032, OK ST T. 58 § 3032
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
End of Document |