Kentucky Revised Statutes
Ky. Rev. Stat. § 457.150 (2026)
Exoneration of agent
✓ current as of May 2026
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A provision in a power of attorney relieving an agent of liability for breach of duty is binding on the principal and the principal's successors in interest except to the extent the provision: (1) Relieves the agent of liability for breach of duty committed dishonestly, with an improper motive, or with reckless indifference to the purposes of the power of attorney or the best interest of the principal; or (2) Was inserted as a result of an abuse of a confidential or fiduciary relationship with the principal. Effective: July 14, 2018 History: Created 2018 Ky. Acts ch. 185, sec. 15, effective July 14, 2018.
Notes of Decisions
Cited in 1
case (1 in the last 5 years), 2024–2024 · leading case: Nova U.S. Inc. v. Disimone (W.D. Ky. 2024).
Nova U.S. Inc. v. Disimone (W.D. Ky. 2024). “And as discussed further below, the Court is not convinced the Note otherwise contains a forum selection 7 Under Kentucky law, “[e]xcept as provided in KRS 457.150,” which governs provisions relieving an agent of liability for breach of duty, “any power of attorney to confess…”
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