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§ 3015. Exoneration

Oklahoma Statutes AnnotatedTitle 58. Probate ProcedureEffective: November 1, 2021

Oklahoma Statutes Annotated
Title 58. Probate Procedure (Refs & Annos)
Chapter 29. Uniform Power of Attorney Act (Refs & Annos)
Effective: November 1, 2021
58 Okl.St.Ann. § 3015
§ 3015. Exoneration
Currentness
A provision in a power of attorney relieving an agent of liability for breach of duty is binding on the principal and the principal's successors in interest except to the extent the provision:
1. Relieves the agent of liability for breach of duty committed dishonestly, with an improper motive or with reckless indifference to the purposes of the power of attorney or the best interest of the principal; or
2. Was inserted as a result of an abuse of a confidential or fiduciary relationship with the principal.

Credits

Laws 2021, c. 332, § 15, eff. Nov. 1, 2021.
58 Okl. St. Ann. § 3015, OK ST T. 58 § 3015
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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