Ky. Rev. Stat. § 457.180

Current through Acts Received April 18, 2024
Section 457.180 - Agent's resignation - Notice

Unless the power of attorney provides a different method for an agent's resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated:

(1) To the conservator or guardian, if one has been appointed for the principal, and a coagent or successor agent; or
(2) If there is no person described in subsection (1) of this section, to:
(a) The principal's caregiver;
(b) Another person listed in the power of attorney as having sufficient interest in the principal's welfare to receive the resignation; or
(c) A governmental agency having authority to protect the welfare of the principal.

KRS 457.180

Added by 2018 Ky. Acts ch. 185,§ 18, eff. 7/14/2018.