Illinois HB4462 amends the Illinois Power of Attorney Act to modify reasons third parties can refuse to honor a power of attorney for property.
Illinois HB4462 amends the Illinois Power of Attorney Act by changing Section 2-8. It removes two reasons for third parties to refuse to honor a power of attorney for property: the refusal by the agent to provide a copy of the original document certified to be valid by an attorney, a court order, or a governmental entity, and the refusal of the principal's attorney to provide a certificate that the power of attorney is valid.
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