Oklahoma § 58-3015 - Exoneration
Full text of Oklahoma Oklahoma Statutes § 58-3015 — Exoneration, with citation guidance and answers to common questions.
§ 58-3015. Exoneration
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 committed
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.
Added by Laws 2021, c. 332, § 15, eff. Nov. 1, 2021.
Frequently Asked Questions About Oklahoma § 58-3015
What does Oklahoma Statutes § 58-3015 cover?
Section 58-3015 ("Exoneration") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. 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 Oklahoma § 58-3015?
A common citation format is "Oklahoma Statutes § 58-3015" (Oklahoma). 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 Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 58-3015 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma 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 Oklahoma.