Current through Chapter 26 of the Legislative Session (excluding Chapter 21)
Section 13.26.660 - [Renumbered from 13.26.341] Applicability of provisions of statutory form power of attorney In the instrument set out in AS 13.26.645 - 13.26.650,
(1) if the principal has appointed more than one person to act as agent and failed to mark whether the agents may act "jointly" or "severally," the agents are required to act jointly;(2) if the principal has failed to indicate when the instrument shall become effective, the instrument shall become effective upon the date of the principal's signature;(3) if the principal has indicated that the instrument shall become effective upon the date of the principal's signature or has failed to indicate when the instrument shall become effective and has failed to indicate the effect of the principal's subsequent incapacity on the instrument, the instrument shall be revoked by the subsequent incapacity of the principal;(4) if the principal has failed to indicate a specific term for the instrument, the instrument shall continue in effect until revoked.Amended by SLA 2016, ch. 50,sec. 7, eff. 1/1/2017.This section was originally numbered as 13.26.341 but was renumbered by the revisor of statutes.