California Probate Code

§ 4456

PROB § 4456 Effective Jan 1, 1995Div. 4.5 · Part 3 · Ch. 2

Statute text

In a statutory form power of attorney, the language granting power with respect to business operating transactions empowers the agent to do all of the following:

(a)Operate, buy, sell, enlarge, reduce, and terminate a business interest.

(b)To the extent that an agent is permitted by law to act for a principal and subject to the terms of the partnership agreement:

…

Legislative history

Added by Stats. 1994, Ch. 307, Sec. 16. Effective January 1, 1995.