Sec. 2. (a) An attorney in fact who acts with due care for the benefit of the principal is not liable or limited only because the attorney in fact: (1) also benefits from the act; (2) has individual or conflicting interests in relation to the property, care, or affairs of the principal; or (3) acts in a different manner with respect to the principal's and the attorney in fact's individual interests. (b) A gift, bequest, transfer, or transaction is not presumed to be valid or invalid if the gift, bequest, transfer, or transaction: (1) is: (A) made by the principal taking action; and (B) not made by an attorney in fact acting for the principal under a power of attorney; and (2) benefits the principal's attorney in fact.
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.