States / Virginia / HB 510

HB 510 Enacted

Uniform Power of Attorney Act; agent's duty of disclosure, execution of initial power of attorney.

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CHAPTER 398

An Act to amend and reenact § 64.2-1612 of the Code of Virginia, relating to Uniform Power of Attorney Act; agent's duty of disclosure.

[H 510]

Approved April 8, 2026

Be it enacted by the General Assembly of Virginia:

1. That § 64.2-1612 of the Code of Virginia is amended and reenacted as follows:

§ 64.2-1612 . Agent's duties.

A. Notwithstanding provisions in the power of attorney, an agent that has accepted appointment shall:

1. Act in accordance with the principal's reasonable expectations to the extent actually known by the agent and, otherwise, in the principal's best interest;

2. Act in good faith; and

3. Act only within the scope of authority granted in the power of attorney.

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