Without limiting the generality of Section 4300, nothing in this chapter requires a financial institution to open a deposit account for a principal at the request of an attorney-in-fact if the principal is not currently a depositor of the financial institution or to make a loan to the attorney-in-fact on the principal’s behalf if the principal is not currently a borrower of the financial institution.
Cal. Prob. Code § 4310
Relations With Third Persons
Known as the Power of Attorney Law
The act spans §§ 4000–4545 (79 sections).
Added by Stats. 1994, Ch. 307, Sec. 16
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.