§ 3019. Acceptance of and reliance upon acknowledged power of attorney
Oklahoma Statutes AnnotatedTitle 58. Probate ProcedureEffective: November 1, 2021
Effective: November 1, 2021
58 Okl.St.Ann. § 3019
§ 3019. Acceptance of and reliance upon acknowledged power of attorney
A. For purposes of this section and Section 20 of this act,1 “acknowledged” means purportedly verified before a notary public or other individual authorized to take acknowledgements.
B. A person that in good faith accepts an acknowledged power of attorney without actual knowledge that the signature is not genuine may rely upon the presumption under Section 5 of this act2 that the signature is genuine.
C. 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.
F. For purposes of this section and Section 20 of this act, 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.
Credits
Laws 2021, c. 332, § 19, eff. Nov. 1, 2021.
58 Okl. St. Ann. § 3019, OK ST T. 58 § 3019
Current with emergency effective legislation through Chapter 29 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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