Bill Text: IA HF2105 | 2017-2018 | 87th General Assembly | Introduced
Bill Title: A bill for an act relating to an agent’s termination or suspension of authority for a power of attorney. (See HF 2402.)
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2018-02-27 - Withdrawn. H.J. 425. [HF2105 Detail]
Download: Iowa-2017-HF2105-Introduced.html
House File 2105 - Introduced HOUSE FILE BY FISHER A BILL FOR 1 An Act relating to an agent's termination or suspension of 2 authority for a power of attorney. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 5354YH (4) 87 hb/rj PAG LIN 1 1 Section 1. Section 633B.110, subsection 2, Code 2018, is 1 2 amended by adding the following new paragraphs: 1 3 NEW PARAGRAPH. e. The agent is named as having abused the 1 4 principal in a founded dependent adult abuse report related to 1 5 the principal's financial resources. 1 6 NEW PARAGRAPH. f. The agent is convicted of dependent adult 1 7 abuse related to the principal's financial resources. 1 8 EXPLANATION 1 9 The inclusion of this explanation does not constitute agreement with 1 10 the explanation's substance by the members of the general assembly. 1 11 This bill relates to the termination or suspension of an 1 12 agent's authority to act for a principal under a power of 1 13 attorney. 1 14 Code section 633B.110 currently provides that an agent's 1 15 authority for a power of attorney terminates upon the 1 16 occurrence of several circumstances including but not limited 1 17 to when the principal revokes the authority; the agent dies, 1 18 becomes incapacitated, or resigns; or an action is filed for 1 19 the dissolution or annulment of the agent's marriage to the 1 20 principal or for their legal separation, unless the power of 1 21 attorney otherwise provides. The bill amends the Code section 1 22 to include an additional circumstance under which an agent's 1 23 authority terminates, namely, if the agent is named as the 1 24 abuser in a founded dependent adult abuse report related to the 1 25 principal's financial resources or is convicted of dependent 1 26 adult abuse related to the principal's financial resources. LSB 5354YH (4) 87 hb/rj