Bill

Bill > HB4462


IL HB4462

IL HB4462
POWER OF ATTY-PROPERTY


summary

Introduced
01/15/2026
In Committee
02/18/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Illinois Power of Attorney Act. Deletes two reasons for which it is deemed reasonable cause for a third party to refuse to honor a power of attorney for property: (i) the refusal by the agent to provide a copy of the original document that is certified to be valid by an attorney, a court order, or governmental entity; and (ii) the refusal of the principal's attorney to provide a certificate that the power of attorney is valid.

AI Summary

This bill amends the Illinois Power of Attorney Act to remove two specific reasons that previously allowed a third party to reasonably refuse to honor a power of attorney for property. Previously, a third party could refuse if the agent wouldn't provide a certified copy of the power of attorney validated by an attorney, court, or government entity, or if the principal's own attorney refused to certify the power of attorney's validity. The bill removes these as valid excuses for refusal, aiming to make it easier for agents to act on behalf of principals when presented with a power of attorney for property, which is a legal document granting someone the authority to manage another person's financial affairs.

Committee Categories

Justice

Sponsors (1)

Last Action

Placed on Calendar 2nd Reading - Short Debate (on 02/18/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...