Staff Analysis of the Legislation
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HB 897 amends Chapter 6B of Title 10 of the O.C.G.A.,
relating to the “Uniform Power of Attorney Act.” It changes the title to the
“Georgia Power of Attorney Act”; defines important terms; includes any
delegation of voting, management, or similar rights related to the governance
and administration of an entity or business as an exception to the powers of
attorney; clarifies the incapacity of a principal; explains the roles and
actions of agents; and defines the circumstances where a petition for the
construction of power of attorney is made. |