Unless the power of attorney provides a different method for an agent's resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated:

1. (1) To the conservator or guardian, if one has been appointed for the principal, and a

2. (2) coagent or successor agent; or If there is no person described in subsection (1) of this section, to:

   1. (a) The principal's caregiver;
   2. (b) Another person listed in the power of attorney as having sufficient interest in the principal's welfare to receive the resignation; or
   3. (c) A governmental agency having authority to protect the welfare of the principal.

Effective: July 14, 2018

History: Created 2018 Ky. Acts ch. 185, sec. 18, effective July 14, 2018.