Sec. 4. A person relying on the power of attorney or the attestation of the attorney in fact is not required to investigate any of the following:

(1) Whether the power of attorney is valid.

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Terms Used In Indiana Code 30-5-8-4

  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
  • 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
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
(2) Whether the attorney in fact is authorized to act.

(3) What the attorney in fact does with property delivered to the attorney in fact.

As added by P.L.149-1991, SEC.2.