OK SB109

Changes treatment of durable powers of attorney when a court appoints a conservator, guardian of the estate, or similar fiduciary for the principal's property, making the attorney-in-fact accountable to both the fiduciary and principal rather than terminating the power of attorney.

Grants court-appointed fiduciaries the same power to revoke or amend a durable power of attorney that the principal would have if not disabled or incapacitated.

Allows a principal to nominate a conservator, guardian of estate, or guardian of person in a durable power of attorney for court consideration, with the court required to follow the nomination except for good cause or disqualification.

Requires notice of revocation of recorded durable powers of attorney to be filed in each county where the power was recorded, and allows third parties to rely on the recorded authority until revocation notice is recorded.

Effective date: November 1, 2015.