{"data":{"id":"us-de/12-del.-c.-49a-205","jurisdiction":"us-de","citation":"12 Del. C. § 49A-205","heading":"Tangible personal property.","body":"Unless the personal power of attorney otherwise provides, language in a personal power of attorney granting general authority with respect to tangible personal property authorizes the agent to:\n(1) Demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject ownership or possession of tangible personal property or an interest in tangible personal property;\n(2) Sell; exchange; convey with or without covenants, representations, or warranties; quitclaim; release; surrender; create a security interest in; grant options concerning; lease; sublease; or, otherwise dispose of tangible personal property or an interest in tangible personal property;\n(3) Grant a security interest in tangible personal property or an interest in tangible personal property as security to borrow money or pay, renew, or extend the time of payment of a debt of the principal or a debt guaranteed by the principal;\n(4) Release, assign, satisfy, or enforce by litigation or otherwise, a security interest, lien, or other claim on behalf of the principal, with respect to tangible personal property or an interest in tangible personal property;\n(5) Manage or conserve tangible personal property or an interest in tangible personal property on behalf of the principal, including:\na. Insuring against liability or casualty or other loss;\nb. Obtaining or regaining possession of or protecting the property or interest, by litigation or otherwise;\nc. Paying, assessing, compromising, or contesting taxes or assessments or applying for and receiving refunds in connection with taxes or assessments;\nd. Moving the property from place to place;\ne. Storing the property for hire or on a gratuitous bailment; and\nf. Using and making repairs, alterations, or improvements to the property; and\n(6) Change the form of title of an interest in tangible personal property.","path":["Title 12. Decedents’ Estates and Fiduciary Relations","Fiduciary Relations","CHAPTER 49A. Durable Personal Powers of Attorney Act","Subchapter II. Authority"],"source_url":"https://delcode.delaware.gov/title12/c049a/sc02/index.html#49A-205","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:16Z","sha256":"1dbd78bc92d67eb4904e4e3f5d2897ef4d7f06236c98f4f634beb09bb504cb5d","source_id":"us-de","stale":true,"prev":"us-de/12-del.-c.-49a-204","next":"us-de/12-del.-c.-49a-206"},"notice":"GroundRules: Original legal text. Not legal advice."}
