404.707. Principal may appoint multiple attorneys in fact--authority may be joint or several--qualifications--persons disqualified. - Missouri Statutes

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Statutes > Missouri > T26 > C404 > 404_707

Principal may appoint multiple attorneys in fact--authority may bejoint or several--qualifications--persons disqualified.

404.707. 1. A principal may appoint more than one attorneyin fact in one or more powers of attorney and may provide thatthe authority conferred on two or more attorneys in fact shall ormay be exercised either jointly or severally or in a manner, withsuch priority and with respect to such subjects as is provided inthe power of attorney.

2. Any person, other than a person who is disqualified frombeing appointed a guardian or conservator of the principal undersubsection 2 of section 475.055, RSMo, shall be qualified to bedesignated an attorney in fact under a durable power of attorney.

3. The designation of a person not qualified to act as anattorney in fact for a principal under a durable power ofattorney subjects the person to removal as attorney in fact butdoes not affect the immunities of third persons nor relieve theunqualified person of any duties or responsibilities to theprincipal or the principal's successors.

(L. 1989 H.B. 145 § 4)

State Codes and Statutes

Statutes > Missouri > T26 > C404 > 404_707

Principal may appoint multiple attorneys in fact--authority may bejoint or several--qualifications--persons disqualified.

404.707. 1. A principal may appoint more than one attorneyin fact in one or more powers of attorney and may provide thatthe authority conferred on two or more attorneys in fact shall ormay be exercised either jointly or severally or in a manner, withsuch priority and with respect to such subjects as is provided inthe power of attorney.

2. Any person, other than a person who is disqualified frombeing appointed a guardian or conservator of the principal undersubsection 2 of section 475.055, RSMo, shall be qualified to bedesignated an attorney in fact under a durable power of attorney.

3. The designation of a person not qualified to act as anattorney in fact for a principal under a durable power ofattorney subjects the person to removal as attorney in fact butdoes not affect the immunities of third persons nor relieve theunqualified person of any duties or responsibilities to theprincipal or the principal's successors.

(L. 1989 H.B. 145 § 4)

State Codes and Statutes

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State Codes and Statutes

Statutes > Missouri > T26 > C404 > 404_707

Principal may appoint multiple attorneys in fact--authority may bejoint or several--qualifications--persons disqualified.

404.707. 1. A principal may appoint more than one attorneyin fact in one or more powers of attorney and may provide thatthe authority conferred on two or more attorneys in fact shall ormay be exercised either jointly or severally or in a manner, withsuch priority and with respect to such subjects as is provided inthe power of attorney.

2. Any person, other than a person who is disqualified frombeing appointed a guardian or conservator of the principal undersubsection 2 of section 475.055, RSMo, shall be qualified to bedesignated an attorney in fact under a durable power of attorney.

3. The designation of a person not qualified to act as anattorney in fact for a principal under a durable power ofattorney subjects the person to removal as attorney in fact butdoes not affect the immunities of third persons nor relieve theunqualified person of any duties or responsibilities to theprincipal or the principal's successors.

(L. 1989 H.B. 145 § 4)