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§ 30-5-9-2 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 30 - Trusts and Fiduciaries/
  5. Article 5 - Powers of Attorney/
  6. Chapter 9 - Liabilities30-5-9-1. Negligent Exercise of Power; Bad Faith/
  7. § 30-5-9-2
Indiana Legal Code

§ 30-5-9-2

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(a) An attorney in fact who acts with due care for the benefit of the principal is not liable or limited only because the attorney in fact:(1) also benefits from the act;(2) has individual or conflicting interests in relation to the property, care, or affairs of the principal; or(3) acts in a different manner with respect to the principal's and the attorney in fact's individual interests.(b) A gift, bequest, transfer, or transaction is not presumed to be valid or invalid if the gift, bequest, transfer, or transaction:(1) is:(A) made by the principal taking action; and(B) not made by an attorney in fact acting for the principal under a power of attorney; and(2) benefits the principal's attorney in fact.As added by P.L.149-1991, SEC.2. Amended by P.L.238-2005, SEC.52.