Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 21-2601-12 — District of Columbia Law | CourtGPT
  1. Home/
  2. Laws/
  3. District of Columbia/
  4. Title 21 - Fiduciary Relations and Persons with Mental Illness. [Enacted Title]/
  5. Chapter 26 - Uniform Power of Attorney Actsub/
  6. Subchapter I - General Provisions§ 21–2601.01. Short Title/
  7. § 21-2601-12
District of Columbia Legal Code

§ 21-2601-12

Ask AI about this
12. Reimbursement and compensation of agent. Unless the power of attorney otherwise provides: (1) An agent who is an individual is entitled to reimbursement of expenses reasonably incurred on behalf of the principal but not to compensation; and (2) An agent that is a bank, trust company authorized to administer trusts in the District, or similar institutional fiduciary is entitled to reimbursement of expenses reasonably incurred on behalf of the principal and to compensation that is reasonable under the circumstances. (Feb. 23, 2023, D.C. Law 24-236, § 2(d), 69 DCR 14660.)