A depository bank doing business in this state may continue to recognize the power of an attorney-in-fact authorized in writing to make withdrawals either in whole or in part from the account of a depositor, whether a minor or adult, until it receives written notice or is on actual notice of the revocation of his or her authority. No depository bank shall be liable for damages, penalties, or tax by reason of any payment made under this section.
N.H. Rev. Stat. Ann. § 383-B:4-402
Powers of Attorney
Known as the Depository Bank Act
The act spans §§ 383-B:10-1001 to 383-B:9-908 (61 sections).
Source. 2016, 230:11, eff
Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.