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  • SECTION 5-1508
    Co-agents and successor agents
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  • TITLE 15
    Statutory Short Form and Other Powers of Attorney For Financial and Estate Planning
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  • SECTION 5-1510
    Special proceedings
    • This entry was published on 2014-09-22
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    SECTION 5-1509

    Appointment of monitor

    General Obligations (GOB) CHAPTER 24-A, ARTICLE 5, TITLE 15

    § 5-1509. Appointment of monitor. A principal may appoint a monitor or
    monitors in the power of attorney who shall have the authority to
    request, receive and compel the agent to provide a record of all
    receipts, disbursements and transactions entered into by the agent on
    behalf of the principal, to request and receive such records held by
    third parties, and to request and receive a copy of the power of
    attorney. Nothing in this title shall be construed to impose a fiduciary
    duty on the monitor.