Florida Statutes 709.2402 – Effect on existing powers of attorney
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Terms Used In Florida Statutes 709.2402
- Agent: means a person granted authority to act for a principal under a power of attorney, whether denominated an agent, attorney in fact, or otherwise. See Florida Statutes 709.2102
- Power of attorney: means a writing that grants authority to an agent to act in the place of the principal, whether or not the term is used in that writing. See Florida Statutes 709.2102
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
Except as otherwise provided in this part:
(1) With respect to formalities of execution, this part applies to a power of attorney created on or after October 1, 2011.
(2) With respect to all matters other than formalities of execution, this part applies to a power of attorney regardless of the date of creation.
(3) With respect to a power of attorney existing on October 1, 2011, this part does not invalidate such power of attorney and it shall remain in effect. If a right was acquired under any other law before October 1, 2011, that law continues to apply to the right even if it has been repealed or superseded.
(4) An act of an agent occurring before October 1, 2011, is not affected by this part.