46:2B-8.4 Relation of attorney-in-fact to court-appointed fiduciary.
4.Relation of Attorney-in-Fact to Court-Appointed Fiduciary.
a.If, following execution of a durable power of attorney, a court of the principal's domicile appoints a conservator, guardian of the estate, or other fiduciary charged with the management of all of the principal's property or all of the principal's property except specified exclusions, the attorney-in-fact is accountable to the fiduciary as well as to the principal.
b.A principal may nominate, by a durable power of attorney, the conservator, guardian of the principal's estate, or guardian of the principal's person for consideration by the court if protective proceedings for the principal's person or estate are thereafter commenced.
c.No person, other than the principal, shall revoke a durable power of attorney except upon a court order for good cause.
4.Relation of Attorney-in-Fact to Court-Appointed Fiduciary.
a.If, following execution of a durable power of attorney, a court of the principal's domicile appoints a conservator, guardian of the estate, or other fiduciary charged with the management of all of the principal's property or all of the principal's property except specified exclusions, the attorney-in-fact is accountable to the fiduciary as well as to the principal.
b.A principal may nominate, by a durable power of attorney, the conservator, guardian of the principal's estate, or guardian of the principal's person for consideration by the court if protective proceedings for the principal's person or estate are thereafter commenced.
c.No person, other than the principal, shall revoke a durable power of attorney except upon a court order for good cause.
