Sec. 1-56h. Springing power of attorney. Effective upon written affidavit re occurrence of specified contingency.
Sec. 1-56h. Springing power of attorney. Effective upon written affidavit re
occurrence of specified contingency. (a) A power of attorney executed pursuant to
sections 1-43 and 1-56h to 1-56k, inclusive, shall be known as a springing power of
attorney.
(b) A power of attorney duly acknowledged in accordance with section 1-43 may
take effect upon the occurrence of a specified contingency, including a date certain or
the occurrence of an event, provided the instrument requires that a person named in the
instrument execute a written affidavit that such contingency has occurred. A power of
attorney limited as provided in this subsection shall be a springing power of attorney
and shall take effect upon the written affidavit of the person named in the instrument
that the specified contingency has occurred.
(P.A. 93-203, S. 1.)