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26-1A-209
Section 26-1A-209 Operation of entity or business. Subject to the terms of a document or an
agreement governing an entity or an entity ownership interest, and unless the power of attorney
otherwise provides, language in a power of attorney granting general authority with respect
to operation of an entity or business authorizes the agent to: (1) operate, buy, sell, enlarge,
reduce, or terminate an ownership interest; (2) perform a duty or discharge a liability and
exercise in person or by proxy a right, power, privilege, or option that the principal has,
may have, or claims to have; (3) enforce the terms of an ownership agreement; (4) initiate,
participate in, submit to alternative dispute resolution, settle, oppose, or propose or accept
a compromise with respect to litigation to which the principal is a party because of an ownership
interest; (5) exercise in person or by proxy, or enforce by litigation or otherwise, a right,
power, privilege, or option the principal has or claims to...
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26-1A-211
Section 26-1A-211 Estates, trusts, and other beneficial interests. (a) In this section, "estates,
trusts, and other beneficial interests" means a trust, probate estate, guardianship,
conservatorship, escrow, or custodianship or a fund from which the principal is, may become,
or claims to be, entitled to a share or payment. (b) Unless the power of attorney otherwise
provides, language in a power of attorney granting general authority with respect to estates,
trusts, and other beneficial interests authorizes the agent to: (1) accept, receive, receipt
for, sell, assign, pledge, or exchange a share in or payment from the fund; (2) demand or
obtain money or another thing of value to which the principal is, may become, or claims to
be, entitled by reason of the fund, by litigation or otherwise; (3) exercise for the benefit
of the principal a presently exercisable general power of appointment held by the principal;
(4) initiate, participate in, submit to alternative dispute resolution,...
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26-1A-214
Section 26-1A-214 Benefits from governmental programs or civil or military service. (a) In
this section, "benefits from governmental programs or civil or military service"
means any benefit, program, or assistance provided under a statute or regulation including,
but not limited to, Social Security, Medicare, and Medicaid. (b) Unless the power of attorney
otherwise provides, language in a power of attorney granting general authority with respect
to benefits from governmental programs or civil or military service authorizes the agent to:
(1) execute vouchers in the name of the principal for allowances and reimbursements payable
by the United States or a foreign government or by a state or subdivision of a state to the
principal, including allowances and reimbursements for transportation of the individuals described
in Section 26-1A-213(a)(1), and for shipment of their household effects; (2) take possession
and order the removal and shipment of property of the principal from a post,...
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26-1A-217
Section 26-1A-217 Gifts. (a) In this section, a gift "for the benefit of" a person
includes a gift to a trust, an account under the Uniform Transfers to Minors Act, and a tuition
savings account or prepaid tuition plan as defined under Internal Revenue Code Section 529,
26 U.S.C. Section 529, as amended. (b) Unless the power of attorney otherwise expressly provides,
language in a power of attorney granting general authority with respect to gifts authorizes
the agent only to: (1) make outright to, or for the benefit of, a person including the agent,
a gift of any of the principal's property, including by the exercise of a presently exercisable
general power of appointment held by the principal, in an amount per donee not to exceed the
annual dollar limits of the federal gift tax exclusion under Internal Revenue Code Section
2503(b), 26 U.S.C. Section 2503(b), as amended, without regard to whether the federal gift
tax exclusion applies to the gift, or if the principal's spouse agrees to...
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10A-2A-1.41
Section 10A-2A-1.41 Notice and other communications. (a) A notice under this chapter must be
in writing unless oral notice is reasonable in the circumstances. Unless otherwise agreed
between the sender and the recipient, words in a notice or other communication under this
chapter must be in English. (b) A notice or other communication may be given by any method
of delivery, except that electronic transmissions must be in accordance with this section.
If the methods of delivery are impracticable, a notice or other communication may be given
by means of a broad non-exclusionary distribution to the public (which may include a newspaper
of general circulation in the area where published; radio, television, or other form of public
broadcast communication; or other methods of distribution that the corporation has previously
identified to its stockholders). (c) A notice or other communication to a corporation or to
a foreign corporation registered to do business in this state may be delivered...
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22-19-161
Section 22-19-161 Definitions. In this article: (1) "Adult" means an individual who
is at least 18 years of age. (2) "Agent" means an individual: (A) authorized to
make health care decisions on the principal's behalf by a power of attorney for health care;
or (B) expressly authorized to make an anatomical gift on the principal's behalf by any other
record signed by the principal. (3) "Anatomical gift" means a donation of all or
part of a human body to take effect after the donor's death for the purpose of transplantation,
therapy, research, or education. (4) "Coroner" means an elected or appointed official
who determines, with the assistance of other forensic scientists and investigators, the cause,
manner, and circumstances surrounding death. (5) "Decedent" means a deceased individual
whose body or part is or may be the source of an anatomical gift. The term includes a stillborn
infant and, subject to restrictions imposed by law other than this article, a fetus. (6) "Disinterested...
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26-1A-119
Section 26-1A-119 Acceptance of and reliance upon acknowledged power of attorney. (a) For purposes
of this section and Section 26-1A-120, "acknowledged" means purportedly verified
before a notary public or other individual authorized to take acknowledgments and "reasonable
time" shall not be deemed to be less than seven business days. (b) A person that effects
a transaction in reliance upon an acknowledged power of attorney without actual knowledge
that the signature is not genuine may rely upon the presumption under Section 26-1A-105 that
the signature is genuine. (c) A person that effects a transaction in reliance upon an acknowledged
power of attorney without actual knowledge that the power of attorney is void, invalid, or
terminated, that the purported agent's authority is void, invalid, or terminated, or that
the agent is exceeding or improperly exercising the agent's authority is fully exonerated
from any liability for effecting the transaction in reliance upon the power of...
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19-3B-813
Section 19-3B-813 Duty to inform and report. (a) Except as otherwise provided in Section 19-3B-603,
the following rules apply: (1) A trustee shall keep the current permissible distributees of
income or principal of the trust reasonably informed about the administration of the trust
and of the material facts necessary for them to protect their interests. (2) Unless unreasonable
under the circumstances, a trustee shall promptly respond to a qualified beneficiary's request
for information related to the administration of the trust. (b) A trustee: (1) upon request
of a beneficiary, shall promptly furnish to the beneficiary a copy of the trust instrument;
(2) within 60 days after accepting a trusteeship, shall notify the qualified beneficiaries
of the acceptance and of the trustee's name, address, and telephone number; (3) within 60
days after accepting the trusteeship of an irrevocable trust, or the date the trustee acquires
knowledge that a formerly revocable trust has become irrevocable,...
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37-9-2
Section 37-9-2 Definitions. As used in this chapter, unless the context otherwise requires:
(1) AIR CARRIER. This term includes both a common carrier by aircraft and a contract carrier
by aircraft. (2) AIR COMMERCE. The carriage by aircraft of persons or property, or any class
or classes thereof, for compensation or hire in intrastate commerce in this state, including
such aircraft operations of carriers by rail, water or motor vehicle, and/or express or forwarding
companies, except pilot training, flight instruction, sale of property and services for aircraft,
engines and accessories. (3) AIRCRAFT. Any contrivance now known or hereafter invented, used,
or designed for navigation of or flight in the air. (4) BROKER. Any person not included in
the term "air carrier" and not a bona fide employee or agent of any such carrier,
who or which, as principal or agent, sells or offers for sale any transportation subject to
this chapter, or negotiates for or holds himself, or itself, out by...
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6-6-740
Section 6-6-740 Judgment for failure to pay over money collected or deliver personal property
recovered in capacity as attorney. (a) Judgment may, in like manner, be summarily entered
against any attorney-at-law in this state who fails to pay over money collected by him or
deliver personal property recovered by him in that capacity, whether by an action or otherwise,
on demand made by the person entitled thereto, his agent or attorney for the amount collected
or the value of the property recovered, less the amount due the attorney for fees or compensation
for services, interest thereon, and damages at the rate of five percent a month, after such
demand, on the aggregate amount, in the circuit court of the county in which such attorney
resides or, if he has no known place of residence in this state, in the circuit court of any
county, on three days' personal notice; but such attorney may, if a doubt exists as to the
right of the person making the demand or if there is a dispute as to...
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