Section 17-101 - Definitions. - Maryland Statutes

§ 17-101. Definitions.
 

(a)  In general.- In this title the following words have the meanings indicated. 

(b)  Agent.-  

(1) "Agent" means a person granted authority to act for a principal under a power of attorney, whether denominated an agent, attorney-in-fact, or otherwise. 

(2) "Agent" includes an original agent, coagent, successor agent, and a person to which an agent's authority is delegated. 

(c)  Incapacity.- "Incapacity" means the inability of an individual to manage property or business affairs because the individual: 

(1) Meets the grounds required for the appointment of a guardian of the property of a disabled person described in § 13-201 of this article; or 

(2) Is: 

(i) Missing; 

(ii) Detained, including incarcerated in a penal system; or 

(iii) Outside the United States and unable to return. 

(d)  Power of attorney.- "Power of attorney" means a writing or other record that grants authority to an agent to act in the place of the principal, whether or not the term "power of attorney" is used. 

(e)  Principal.- "Principal" means an individual who grants authority to an agent in a power of attorney. 

(f)  Statutory form power of attorney.- "Statutory form power of attorney" means a power of attorney that is substantially in the same form as one of the powers of attorney set forth in Subtitle 2 of this title. 
 

[2010, chs. 689, 690.]