{"data":{"id":"us-mt/72-31-353","jurisdiction":"us-mt","citation":"72-31-353","heading":"Statutory form power of attorney.","body":"A document substantially in the following form may be used to create a statutory form power of attorney that has the meaning and effect prescribed by this part.\nMONTANA STATUTORY FORM POWER OF ATTORNEY IMPORTANT INFORMATION\nThis power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself. The meaning of authority over subjects listed on this form is explained in the Uniform Power of Attorney Act, Title 72, chapter 31, part 3.\nThis power of attorney does not authorize the agent to make health care decisions for you.\nYou should select someone you trust to serve as your agent. Unless you specify otherwise, generally the agent's authority will continue until you die or revoke the power of attorney or the agent resigns or is unable to act for you.\nYour agent is entitled to reasonable compensation unless you state otherwise in the Special Instructions.\nThis form provides for designation of one agent. If you wish to name more than one agent, you may name a coagent in the Special Instructions. Coagents are not required to act together unless you include that requirement in the Special Instructions.\nIf your agent is unable or unwilling to act for you, your power of attorney will end unless you have named a successor agent. You may also name a second successor agent.\nThis power of attorney becomes effective immediately unless you state otherwise in the Special Instructions.\nIf you have questions about the power of attorney or the authority you are granting to your agent, you should seek legal advice before signing this form.\nDESIGNATION OF AGENT\nI .........................................................\n(Name of Principal)\nname the following person as my agent:\nName of Agent: .........................................\nAgent's Address:........................................\nAgent's Telephone Number:...............................\nDESIGNATION OF SUCCESSOR AGENT(S) (OPTIONAL)\nIf my agent is unable or unwilling to act for me, I name as my successor agent:\nName of Successor Agent:................................\nSuccessor Agent's Address:..............................\nSuccessor Agent's Telephone Number:.....................\nIf my successor agent is unable or unwilling to act for me, I name as my second successor agent:\nName of Second Successor Agent:..........................\nSecond Successor Agent's Address:........................\nSecond Successor Agent's Telephone Number:................\nGRANT OF GENERAL AUTHORITY\nI grant my agent and any successor agent general authority to act for me with respect to the following subjects as defined in the Uniform Power of Attorney Act, Title 72, chapter 31, part 3:\n(INITIAL each subject you want to include in the agent's general authority. If you wish to grant general authority over all of the subjects you may initial \"All Preceding Subjects\" instead of initialing each subject.)\n(...) Real Property\n(...) Tangible Personal Property\n(...) Stocks and Bonds\n(...) Commodities and Options\n(...) Banks and Other Financial Institutions\n(...) Operation of Entity or Business\n(...) Insurance and Annuities\n(...) Estates, Trusts, and Other Beneficial Interests\n(...) Claims and Litigation\n(...) Personal and Family Maintenance\n(...) Benefits from Governmental Programs or Civil or Military Service\n(...) Retirement Plans\n(...) Taxes\n(...) All Preceding Subjects\nLIMITATION ON AGENT'S AUTHORITY\nAn agent that is not my ancestor, spouse, or descendant MAY NOT use my property to benefit the agent or a person to whom the agent owes an obligation of support unless I have included that authority in the Special Instructions.\nSPECIAL INSTRUCTIONS (OPTIONAL)\nYou may give special instructions on the following lines: .................................................................\n.................................................................\n.................................................................\nEFFECTIVE DATE\nThis power of attorney is effective immediately unless I have stated otherwise in the Special Instructions.\nNOMINATION OF CONSERVATOR OR GUARDIAN (OPTIONAL)\nIf it becomes necessary for a court to appoint a conservator or guardian of my estate or guardian of my person, I nominate the following person(s) for appointment:\nName of Nominee for conservator or guardian of my estate: ...............................................................\nNominee's Address:.............................................\nNominee's Telephone Number:....................................\nName of Nominee for guardian of my person: ......................\nNominee's Address: .............................................\nNominee's Telephone Number: ....................................\nRELIANCE ON THIS POWER OF ATTORNEY\nAny person, including my agent, may rely upon the validity of this power of attorney or a copy of it unless that person knows it has terminated or is invalid.\nSIGNATURE AND ACKNOWLEDGMENT\n.............. ........\nYour Signature Date\n...............................................................\nYour Name Printed\n.................................................................\nYour Address\n.................................................................\nYour Telephone Number\nState of ..................................\nCounty of................................\nThis document was acknowledged before me on\n........................,\n(Date)\nby.....................................\n(Name of Principal)\n..................... (Seal, if any)\nSignature of Notary\nMy commission expires:........................\nThis document prepared by:\n......................................\nIMPORTANT INFORMATION FOR AGENT\nAgent's Duties\nWhen you accept the authority granted under this power of attorney, a special legal relationship is created between you and the principal. This relationship imposes upon you legal duties that continue until you resign or the power of attorney is terminated or revoked. You must:\n(1) do what you know the principal reasonably expects you to do with the principal's property or, if you do not know the principal's expectations, act in the principal's best interest;\n(2) act in good faith;\n(3) do nothing beyond the authority granted in this power of attorney; and\n(4) disclose your identity as an agent whenever you act for the principal by writing or printing the name of the principal and signing your own name as \"agent\" in the following manner: (Principal's Name) by (Your Signature) as Agent\nUnless the Special Instructions in this power of attorney state otherwise, you must also:\n(1) act loyally for the principal's benefit;\n(2) avoid conflicts that would impair your ability to act in the principal's best interest;\n(3) act with care, competence, and diligence;\n(4) keep a record of all receipts, disbursements, and transactions made on behalf of the principal;\n(5) cooperate with any person that has authority to make health care decisions for the principal to do what you know the principal reasonably expects or, if you do not know the principal's expectations, to act in the principal's best interest; and\n(6) attempt to preserve the principal's estate plan if you know the plan and preserving the plan is consistent with the principal's best interest.\nTermination of Agent's Authority\nYou must stop acting on behalf of the principal if you learn of any event that terminates this power of attorney or your authority under this power of attorney. Events that terminate a power of attorney or your authority to act under a power of attorney include:\n(1) death of the principal;\n(2) the principal's revocation of the power of attorney or your authority;\n(3) the occurrence of a termination event stated in the power of attorney;\n(4) the purpose of the power of attorney is fully accomplished; or\n(5) if you are married to the principal, a legal action is filed with a court to end your marriage, or for your legal separation, unless the Special Instructions in this power of attorney state that such an action will not terminate your authority.\nLiability of Agent\nThe meaning of the authority granted to you is defined in the Uniform Power of Attorney Act, Title 72, chapter 31, part 3. If you violate the Uniform Power of Attorney Act, Title 72, chapter 31, part 3, or act outside the authority granted, you may be liable for any damages caused by your violation.\nIf there is anything about this document or your duties that you do not understand, you should seek legal advice.","path":["TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS","CHAPTER 31. MISCELLANEOUS PROVISIONS RELATING TO FIDUCIARIES","Part 3. Uniform Power of Attorney Act"],"source_url":"https://mca.legmt.gov/bills/mca/title_0720/chapter_0310/part_0030/section_0530/0720-0310-0030-0530.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:59:25Z","sha256":"872ebfa790971c89f580ddc3b63d3435e8bad5f32b826de3423f3e9df53ad985","source_id":"us-mt","stale":false,"prev":"us-mt/72-31-352","next":"us-mt/72-31-354"},"notice":"GroundRules: Original legal text. Not legal advice."}