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IL SB3421
Bill
AI Summary
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Amends the Illinois Power of Attorney Act Section 2-8 to protect persons who rely in good faith on copies of documents purporting to establish an agency or power of attorney.
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Grants full protection to reliant parties as if they had dealt directly with the principal, regardless of whether an affidavit or certification is provided.
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Allows named agents to furnish an "Agent's Certification and Acceptance of Authority" on demand to certify the document is a true copy and the principal is alive with powers unaltered or unterminated.
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Specifies that good faith reliance on a power of attorney document protects the reliant without requiring the agent's certification, making certification optional rather than mandatory.
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Provides a standardized form for the Agent's Certification and Acceptance of Authority to be completed under penalty of perjury (Class 3 felony under Illinois Criminal Code Section 32-2).
Legislative Description
POWER OF ATTY HONORING FORMS
Last Action
Public Act . . . . . . . . . 103-0994
8/9/2024