KRS 457.150: Exoneration of agent.
Where this section sits in the code
- KRS Chapter 457
A provision in a power of attorney relieving an agent of liability for breach of duty is
binding on the principal and the principal's successors in interest except to the extent the
provision:
(1) Relieves the agent of liability for breach of duty committe d dishonestly, with an
improper motive, or with reckless indifference to the purposes of the power of
attorney or the best interest of the principal; or
(2) Was inserted as a result of an abuse of a confidential or fiduciary relationship with
the principal.
Collected 2026-09-05T20:59:59Z. Source file · JSON