Ohio § 1337.60

Full text of Ohio Ohio Revised Code § 1337.60, with citation guidance and answers to common questions.

§ 1337.60.

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 sections 1337.21 to 1337.64 of the Revised Code . [INSERT NAME OF JURISDICTION] STATUTORY FORM POWER OF ATTORNEY IMPORTANT INFORMATION This 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 ( sections 1337.21 to 1337.64 of the Revised Code ). This power of attorney does not authorize the agent to make health-care decisions

for you. You 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. Your agent is entitled to reasonable compensation unless you state otherwise in the

Special Instructions. This 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. If 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. This power of attorney becomes effective immediately unless you state otherwise in

the Special Instructions. ACTIONS REQUIRING EXPRESS AUTHORITY Unless expressly authorized and initialed by me in the Special Instructions, this

power of attorney does not grant authority to my agent to do any of the following: (1) Create a trust; (2) Amend, revoke, or terminate an inter vivos trust, even if specific authority to do

so is granted to the agent in the trust agreement; (3) Make a gift; (4) Create or change rights of survivorship; (5) Create or change a beneficiary designation; (6) Delegate authority granted under the power of attorney; (7) Waive the principal's right to be a beneficiary of a joint and survivor annuity,

including a survivor benefit under a retirement plan; (8) Exercise fiduciary powers that the principal has authority to delegate. CAUTION:  Granting any of the above eight powers will give your agent the authority

to take actions that could significantly reduce your property or change how your property

is distributed at your death. If 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. DESIGNATION OF AGENT I, ...................................... (Name of Principal) name the following person as my agent: DESIGNATION OF SUCCESSOR AGENT(S) (OPTIONAL) If my agent is unable or unwilling to act for me, I name as my successor agent: If my successor agent is unable or unwilling to act for me, I name as my second successor

agent: GRANT OF GENERAL AUTHORITY I 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 ( sections 1337.21 to 1337.64 of the Revised Code ): (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.) (...) Real Property (...) Tangible Personal Property (...) Stocks and Bonds (...) Commodities and Options (...) Banks and Other Financial Institutions (...) Operation of Entity or Business (...) Insurance and Annuities (...) Estates, Trusts, and Other Beneficial Interests (...) Claims and Litigation (...) Personal and Family Maintenance (...) Benefits from Governmental Programs or Civil or Military Service (...) Retirement Plans (...) Taxes (...) Digital Assets (...) All Preceding Subjects (...) My agent shall have access to the content of electronic communications sent or received

by me. LIMITATION ON AGENT'S AUTHORITY An 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. SPECIAL INSTRUCTIONS (OPTIONAL) You may give special instructions on the following lines: EFFECTIVE DATE This power of attorney is effective immediately unless I have stated otherwise in

the Special Instructions. NOMINATION OF GUARDIAN (OPTIONAL) If it becomes necessary for a court to appoint a guardian of my estate or my person,

I nominate the following person(s) for appointment: RELIANCE ON THIS POWER OF ATTORNEY Any 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. SIGNATURE AND ACKNOWLEDGMENT IMPORTANT INFORMATION FOR AGENT Agent's Duties When 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: (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; (2) Act in good faith; (3) Do nothing beyond the authority granted in this power of attorney; (4) 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; (5) 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 Unless the Special Instructions in this power of attorney state otherwise, you must

also: (1) Act loyally for the principal's benefit; (2) Avoid conflicts that would impair your ability to act in the principal's best interest; (3) Act with care, competence, and diligence; (4) Keep a record of all receipts, disbursements, and transactions made on behalf of

the principal; (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. Termination of Agent's Authority You 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: (1) The death of the principal; (2) The principal's revocation of the power of attorney or your authority; (3) The occurrence of a termination event stated in the power of attorney; (4) The purpose of the power of attorney is fully accomplished; (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. Liability of Agent The meaning of the authority granted to you is defined in the Uniform Power of Attorney

Act ( sections 1337.21 to 1337.64 of the Revised Code ).  If you violate the Uniform Power of Attorney Act or act outside the authority granted,

you may be liable for any damages caused by your violation. If there is anything about this document or your duties that you do not understand,

you should seek legal advice.

Frequently Asked Questions About Ohio § 1337.60

What does Ohio Revised Code § 1337.60 cover?

Section 1337.60 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Ohio § 1337.60?

A common citation format is "Ohio Revised Code § 1337.60" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Ohio law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.

How does Ohio § 1337.60 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.