Staff Analysis of the Legislation
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HB 221 amends Chapter 6 of Title 10 of the OCGA by redefining the responsibilities, identification, and liabilities of a power of attorney or financial power of attorney. HB 221 also details the conditional power of attorney, which is a type of financial power of attorney, shall become effective if the principal is incapacitated under two conditions. In addition, HB 221 lists 8 individuals or organizational bodies who may petition the court of competent jurisdiction to construe a power of attorney or financial power of attorney. A financial power of attorney must be in writing.
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