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OH HB446

Bill

Status

Introduced

12/12/2017

Primary Sponsor

John Rogers

Click for details

Origin

House of Representatives

132nd General Assembly (2017-2018)

AI Summary

  • Enacts section 1337.261 of the Revised Code to establish requirements for accepting acknowledged powers of attorney in Ohio
  • Defines "acknowledged" as verified before a notary public or other individual authorized to take acknowledgments
  • Prohibits persons from refusing to accept an acknowledged power of attorney unless they have actual knowledge that the agent's authority or power of attorney has terminated, good faith belief the transaction exceeds the agent's authority, or good faith belief the power of attorney is invalid
  • Subjects persons who fail to comply to court orders mandating acceptance of the power of attorney and liability for reasonable attorneys' fees and costs in any action confirming the power of attorney's validity or mandating its acceptance

Legislative Description

Relates to acceptance of acknowledged power of attorney

Commerce : Financial Institutions

Last Action

Refer to Committee: Civil Justice

1/16/2018

Committee Referrals

Civil Justice1/16/2018

Full Bill Text

No bill text available