633B.110 Termination — power of attorney or agent authority. 1. A power of attorney terminates when any of the following occurs:a. The principal dies.b. The principal becomes incapacitated, if the power of attorney is not durable.c. The principal revokes the power of attorney.d. The power of attorney provides that it terminates.e. The purpose of the power of attorney is accomplished.f. The principal revokes the agent’s authority or the agent dies, becomes incapacitated, or resigns, and the power of attorney does not provide for another agent to act under the powerof attorney. 2. An agent’s authority terminates when any of the following occurs:a. The principal revokes the authority.b. The agent dies, becomes incapacitated, or resigns.c. An action is filed for the dissolution or annulment of the agent’s marriage to the principal or for their legal separation, unless the power of attorney otherwise provides. d. The power of attorney terminates.e. The agent is named as having abused the principal in a founded dependent adult abuse report. f. The agent is convicted of dependent adult abuse for having abused the principal. 3. orney terminates.e. The agent is named as having abused the principal in a founded dependent adult abuse report. f. The agent is convicted of dependent adult abuse for having abused the principal. 3. Unless the power of attorney otherwise provides, an agent’s authority is exercisable until the agent’s authority terminates under subsection 2, notwithstanding a lapse of timesince the execution of the power of attorney. 4. Termination of a power of attorney or an agent’s authority under this section is not effective as to the agent or another person that, without actual knowledge of the termination,acts in good faith under the power of attorney. An act so performed, unless otherwise invalidor unenforceable, binds the principal and the principal’s successors in interest. 5. Incapacity of the principal of a power of attorney that is not durable does not revoke or terminate the power of attorney as to an agent or other person that, without actualknowledge of the incapacity, acts in good faith under the power of attorney. An act soperformed, unless otherwise invalid or unenforceable, binds the principal and the principal’ssuccessors in interest. 6. dge of the incapacity, acts in good faith under the power of attorney. An act soperformed, unless otherwise invalid or unenforceable, binds the principal and the principal’ssuccessors in interest. 6. Except as provided in section 633B.103, the execution of a general or plenary power of attorney revokes all general or plenary powers of attorney previously executed in this stateby the principal, but does not revoke a power of attorney limited to a specific and identifiableaction or transaction, which action or transaction is still capable of performance but has notyet been fully accomplished by the agent. 2014 Acts, ch 1078, §12; 2018 Acts, ch 1084, §1 Sat Dec 23 12:14:06 2023 Iowa Code 2024, Section 633B.110 (15, 0)
Iowa Legal Code