Louisiana Revised Statutes 9:2045 – Delegation of right to revoke
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Terms Used In Louisiana Revised Statutes 9:2045
- 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
A settlor who has reserved the right to revoke a trust may delegate the right. The delegation may be accomplished only by an express statement in the trust instrument or in a power of attorney executed by authentic act referring to the trust. The right to amend may not be delegated except as provided in La. Rev. Stat. 9:2025 and 2031.
Acts 2001, No. 594, §2; Acts 2010, No. 390, §1.