State Codes and Statutes

Statutes > Kansas > Chapter58 > Article6 > Statutes_22169

58-659

Chapter 58.--PERSONAL AND REAL PROPERTY
Article 6.--POWERS AND LETTERS OF ATTORNEY

      58-659.   Termination of power of attorney; liabilitybetween principal and third persons.(a) As between the principal and third persons, theauthority granted in a power of attorney shall terminate on the date oftermination, if any, set out in the power of attorney or on the date when thethird person acquires actual knowledge of the death of the principal or thatthe authority granted in the power of attorney has been suspended, modified orterminated.

      (b)   As between the principal and third persons, the acts and transactions ofan attorney in fact are binding on the principal and the principal's successorsin interest in any situation in which a third person is entitled to rely underK.S.A. 58-658, and amendments thereto.

      (c)   This section shall not prohibit the principal, acting individually, and athird person from entering into a written agreement that sets forth theirduties and liabilities as between themselves and their successors, and whichexpands or limits the application of this act, except that no agreement shalllimit or restrict the right of the principal to act with respect to the thirdperson through an attorney in fact appointed in a power of attorney.

      History:   L. 2003, ch. 58, § 10; July 1.

State Codes and Statutes

Statutes > Kansas > Chapter58 > Article6 > Statutes_22169

58-659

Chapter 58.--PERSONAL AND REAL PROPERTY
Article 6.--POWERS AND LETTERS OF ATTORNEY

      58-659.   Termination of power of attorney; liabilitybetween principal and third persons.(a) As between the principal and third persons, theauthority granted in a power of attorney shall terminate on the date oftermination, if any, set out in the power of attorney or on the date when thethird person acquires actual knowledge of the death of the principal or thatthe authority granted in the power of attorney has been suspended, modified orterminated.

      (b)   As between the principal and third persons, the acts and transactions ofan attorney in fact are binding on the principal and the principal's successorsin interest in any situation in which a third person is entitled to rely underK.S.A. 58-658, and amendments thereto.

      (c)   This section shall not prohibit the principal, acting individually, and athird person from entering into a written agreement that sets forth theirduties and liabilities as between themselves and their successors, and whichexpands or limits the application of this act, except that no agreement shalllimit or restrict the right of the principal to act with respect to the thirdperson through an attorney in fact appointed in a power of attorney.

      History:   L. 2003, ch. 58, § 10; July 1.


State Codes and Statutes

State Codes and Statutes

Statutes > Kansas > Chapter58 > Article6 > Statutes_22169

58-659

Chapter 58.--PERSONAL AND REAL PROPERTY
Article 6.--POWERS AND LETTERS OF ATTORNEY

      58-659.   Termination of power of attorney; liabilitybetween principal and third persons.(a) As between the principal and third persons, theauthority granted in a power of attorney shall terminate on the date oftermination, if any, set out in the power of attorney or on the date when thethird person acquires actual knowledge of the death of the principal or thatthe authority granted in the power of attorney has been suspended, modified orterminated.

      (b)   As between the principal and third persons, the acts and transactions ofan attorney in fact are binding on the principal and the principal's successorsin interest in any situation in which a third person is entitled to rely underK.S.A. 58-658, and amendments thereto.

      (c)   This section shall not prohibit the principal, acting individually, and athird person from entering into a written agreement that sets forth theirduties and liabilities as between themselves and their successors, and whichexpands or limits the application of this act, except that no agreement shalllimit or restrict the right of the principal to act with respect to the thirdperson through an attorney in fact appointed in a power of attorney.

      History:   L. 2003, ch. 58, § 10; July 1.