Bill Text: IA HF135 | 2017-2018 | 87th General Assembly | Introduced

Iowa House Bill 135 (Prior Session Legislation)

Introduced

Bill Title: A bill for an act relating to the powers of an agent under a power of attorney with respect to real property. (Formerly HSB 2; See HF 2411.)

Sponsorship: Committee Bill

Status: (Introduced - Dead) 2018-03-07 - Withdrawn. H.J. 512. [HF135 Detail]

Download: Iowa-2017-HF135-Introduced.html


House File 135 - Introduced




                                 HOUSE FILE       
                                 BY  COMMITTEE ON JUDICIARY

                                 (SUCCESSOR TO HSB 2)

                                      A BILL FOR

  1 An Act relating to the powers of an agent under a power of
  2    attorney with respect to real property.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
    TLSB 1751HV (1) 87
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PAG LIN



  1  1    Section 1.  Section 633B.204, Code 2017, is amended by adding
  1  2 the following new subsection:
  1  3    NEW SUBSECTION.  10.  Relinquish any and all of the
  1  4 principal's rights of dower, homestead, and elective share.
  1  5                           EXPLANATION
  1  6 The inclusion of this explanation does not constitute agreement with
  1  7 the explanation's substance by the members of the general assembly.
  1  8    This bill provides that, unless a power of attorney
  1  9 otherwise provides and subject to certain restrictions
  1 10 contained in Code section 633B.201, an agent that has been
  1 11 granted general authority with respect to real property is
  1 12 authorized to relinquish any and all of the principal's rights
  1 13 of dower, homestead, and elective share.
       LSB 1751HV (1) 87
       jh/rj