29A.74 - DEATH OF PRINCIPAL -- EFFECT.
29A.74 DEATH OF PRINCIPAL -- EFFECT.
Except as otherwise provided in this chapter, an agency created by
a power of attorney in writing given by a principal who is at the
time of execution, or who after executing such power of attorney
becomes a member of the national guard or the armed forces of the
United States, a person serving as a merchant seaman outside the
limits of the United States included within the fifty states and the
District of Columbia, or a person outside those limits by permission,
assignment, or direction of any department, shall not be revoked or
terminated by the death of the principal, as to the agent or other
person who, without actual knowledge or actual notice of the death of
the principal, shall have acted or shall act, in good faith, under or
in reliance upon such power of attorney or agency, and any action so
taken, unless otherwise invalid or unenforceable, shall be binding on
the heirs, devisees, legatees, or personal representatives of the
principal.
Except as otherwise provided in this chapter no report or listing
either official or otherwise, of "missing" or "missing in action"
shall constitute or be interpreted as constituting actual knowledge
or actual notice of the death of such principal or notice of any
facts indicating the same, or shall operate to revoke the agency. Section History: Early Form
[C46, 50, § 29.69, 29.71; C54, 58, 62, § 29.92; C66, 71, 73, 75,
77, 79, 81, § 29A.74] Section History: Recent Form
2002 Acts, ch 1117, §21, 23
Referred to in § 29A.76