A person who accepts appointment as an agent under a durable power of attorney as provided by Section 751.022 is a fiduciary as to the principal only when acting as an agent under the power of attorney and has a duty to inform and to account for actions taken under the power of attorney.
Tex. Est. Code § 751.101
FIDUCIARY DUTIES
Known as the Durable Power of Attorney Act
The act spans §§ 751–753 (76 sections).
Applied in 2 court decisions — leading case Susan Jackson Holden and Terry Holden v. Charles Lyle Holden, as the Independent of the Estate of Rosie Eunice Holden (2015)
Most recently applied in Healey v. Healey (July 2017)
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.01, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.