California Probate Code

§ 4308

PROB § 4308 Effective Jan 1, 1995Div. 4.5 · Part 2 · Ch. 5

Statute text

(a)A third person who conducts activities through employees is not charged under this chapter with actual knowledge of any fact relating to a power of attorney, nor of a change in the authority of an attorney-in-fact, unless both of the following requirements are satisfied:

(1)The information is received at a home office or a place where there is an employee with responsibility to act on the information.

(2)The employee has a reasonable time in which to act on the information using the procedure and facilities that are available to the third person in the regular course of its operations.

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Legislative history

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