(a) Except as otherwise provided in subsection (b) of this section, a person that is asked to accept an acknowledged power of attorney shall: (i) Accept the acknowledged power of attorney or request a certification or translation under W.S. 3-9-119(c) not later than seven (7) business days after presentation of the power of attorney for acceptance; (ii) If the person requests a certification or translation under W.S. 3-9-119(c), accept the power of attorney not later than five (5) business days after receipt of the certification or translation; and (iii) Not require an additional or different form of power of attorney for authority granted in the power of attorney presented. (b) A person may refuse an acknowledged power of attorney if: (i) The person is not otherwise required to engage in a transaction with the principal in the same circumstances; (ii) Engaging in a transaction with the agent or the principal in the same circumstances would be inconsistent with federal law; (iii) The person has actual knowledge of the termination of the agent's authority or of the power of attorney before exercise of the power; (iv) A request for a certification or translation under W.S. 3-9-119(c) is refused; (v) The person in good faith believes the power is not valid or the agent does not have the authority to perform the act requested whether or not a certification or translation under W.S. 3-9-119(c) has been requested or provided; or (vi) The person makes, or has actual knowledge that another person has made, a report to a governmental agency having authority to protect the welfare of the principal stating a good faith belief that the principal may be subject to physical or financial abuse, neglect, exploitation or abandonment by the agent or a person acting for or with the agent. (c) A person who refuses to accept an acknowledged power of attorney in violation of this section is subject to the following: (i) A court order mandating acceptance of the power of attorney; (ii) Liability for reasonable attorney's fees and costs incurred in any action or proceeding that confirms the validity of the power of attorney or mandates acceptance of the power of attorney.
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