Illinois HB 4462: POWER OF ATTY-PROPERTY

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 Full Text of HB4462

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HB4462 EnrolledLRB104 17339 JRC 30763 b

1 AN ACT concerning civil law.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Illinois Power of Attorney Act is amended 

5by changing Section 2-8 as follows:

6 (755 ILCS 45/2-8) (from Ch. 110 1/2, par. 802-8)

7 Sec. 2-8. Reliance on document purporting to establish an 

8agency.

9 (a) Any person who acts in good faith reliance on a copy of 

10a document purporting to establish an agency will be fully 

11protected and released to the same extent as though the 

12reliant had dealt directly with the named principal as a 

13fully-competent person. The named agent shall furnish an 

14affidavit or Agent's Certification and Acceptance of Authority 

15to the reliant on demand stating that the instrument relied on 

16is a true copy of the agency and that, to the best of the named 

17agent's knowledge, the named principal is alive and the 

18relevant powers of the named agent have not been altered or 

19terminated; but good faith reliance on a document purporting 

20to establish an agency will protect the reliant without the 

21affidavit or Agent's Certification and Acceptance of 

22Authority.

23 (b) Upon request, the named agent in a power of attorney 

HB4462 Enrolled- 2 -LRB104 17339 JRC 30763 b

1shall furnish an Agent's Certification and Acceptance of 

2Authority to the reliant in substantially the following form:

3AGENT'S CERTIFICATION AND ACCEPTANCE OF AUTHORITY 

4 I, .......... (insert name of agent), certify that the 

5attached is a true copy of a power of attorney naming the 

6undersigned as agent or successor agent for ............. 

7(insert name of pri