AZ HB2394

Amends Arizona law to require all powers of attorney include a notice informing agents of their duties to vulnerable adults, including that they must use the adult's assets solely for the adult's benefit and that violations may result in civil or criminal penalties.

Requires agents to initial the notice in the power of attorney document to confirm they have read and understood the disclosure regarding their fiduciary responsibilities.

Adds agents under a power of attorney to the definition of persons in a "position of trust and confidence" to vulnerable adults, making them subject to civil penalties under section 46-456 for financial exploitation.

Clarifies that agents acting as employees of licensed financial institutions, securities dealers, insurers, or health care providers are exempt from certain civil liability provisions when acting within the scope of their official duties.