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Codified Laws

59-12-2. Applicability.

This chapter applies to all powers of attorney other than:

(1)    A power to the extent it is coupled with an interest in the subject of the power, including a power given to or for the benefit of a creditor in connection with a credit transaction;

(2)    A power to make health care decisions;

(3)    A proxy or other delegation to exercise voting rights or management rights with respect to an entity; or

(4)    A power created on a form prescribed by a government or governmental subdivision, agency, or instrumentality for a governmental purpose.

Source: SL 2020, ch 214, § 2.