Section 34-25.1-13 - Attorneys-in-fact - GuardiansAll mortgagees shall require any person who executes reverse mortgage loan documents as attorney-in-fact for another to deliver at the closing a written, notarized certification as to all of the following:
(1) That the power of attorney is then in full force and effect and has not been revoked or otherwise terminated; and (2) That the attorney-in-fact acknowledges his or her fiduciary obligations to the principal pursuant to the power of attorney with respect to the reverse mortgage loan.R.I. Gen. Laws § 34-25.1-13
P.L. 2008, ch. 19, § 2; P.L. 2008, ch. 21, § 2.