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Minn. Stat. § 523.02

COMMON LAW, PREEXISTING AND FOREIGN POWERS OF ATTORNEY.

1984 c 603 s 4; 1992 c 548 s 7

A written power of attorney is a validly executed power of attorney for the purposes of sections 523.01 to 523.24 , and is subject to the provisions of sections 523.01 to 523.24 , if it is validly created pursuant to: (1) the law of Minnesota as it existed prior to the enactment of sections 523.01 to 523.24 if it was executed prior to August 1, 1984; (2) the common law; or (3) the law of another state or country. A power of attorney executed before August 1, 1992, in conformity with section 523.23 as that statute existed before that date is a statutory short form power of attorney. A power of attorney executed on or after August 1, 1992, in conformity with section 523.23 as it exists on or after that date is a statutory short form power of attorney. A provision in a power of attorney that would make it a durable power of attorney under section 523.07 but for its use of the term "disability" in place of "incapacity or incompetence" is nonetheless a durable power of attorney.

Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.