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OH HB446
Bill
Status
Introduced
12/12/2017
Primary Sponsor
John Rogers
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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