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Ala. Code § 26-1A-115

Exoneration of Agent.

Known as the Alabama Uniform Power of Attorney Act

The act spans §§ 26-1A-101 to 26-1A-404 (46 sections).

(Act 2011-683, p. 2015, §1.)

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.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.