Okla. Stat. tit. 58, § 58-3015
This is the official text of Okla. Stat. tit. 58, § 58-3015, part of Oklahoma’s Stat. tit. 58, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 58,." Browse the sections below, each linked to its official government source.
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Exoneration
Official statutory text
A provision in a power of attorney relieving an agent of
liability for breach of duty is binding on the principal and the
principal's successors in interest except to the extent the
provision:
1. Relieves the agent of liability for breach of duty committed
dishonestly, with an improper motive or with reckless indifference
to the purposes of the power of attorney or the best interest of the
principal; or
2. Was inserted as a result of an abuse of a confidential or
fiduciary relationship with the principal.
liability for breach of duty is binding on the principal and the
principal's successors in interest except to the extent the
provision:
1. Relieves the agent of liability for breach of duty committed
dishonestly, with an improper motive or with reckless indifference
to the purposes of the power of attorney or the best interest of the
principal; or
2. Was inserted as a result of an abuse of a confidential or
fiduciary relationship with the principal.
Status: in_force · Read it on the official government site
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