Commonly used in bonding, this document conveys authority for the individual(s) named on it to execute bonds and other legal documents.
a legal document that names another individual as a representative to make decisions for you
a legal instrument that is used to delegate legal authority to another
a legal instrument which allows another to sign legal documents on your behalf
a trusted person you have authorized in a special way to handle selected business and personal affairs for you
Legal document authorizing one person to act on behalf of another. Specific power-of-attorney authorizes another person to act only under certain circumstances, such as signing the closing documents in a real estate transaction.
Having the authority to execute documents on behalf of the person granting the power.
The person who has authority to execute documents on behalf of the grantor of the power.
A written instrument authorizing a person, the attorney-in-fact, to act as the agent on behalf of another to the extent indicated in the instrument. ( See attorney-in-fact )
A legal instrument whereby one appoints and empowers another person as agent to deal with one's property and affairs. (See Attorney-in-Fact above). A General Power-of-Attorney is one which gives the Attorney-in-Fact broad, plenary powers; a Special Power-of-Attorney limits the attorney-in-fact's authority to a particular property or transaction. A Durable Power-of-Attorney is one which remains effective even after the maker becomes incapacitated. Most comprehensive estate plans include a General Durable Power-of-Attorney.
A written authorization to an Agent to perform specified acts on behalf of his principal. May be a “General Power” or a “Limited Power”.
A written instrument by which one person as principal appoints another as agent with authority to perform certain specified acts on the principalâ€™s behalf.
The person or persons who have authority to execute documents on behalf of the person that grants such authority.
authority given one person or corporation to act for and obligate another, to the extent laid down in the instrument creating the power. (a) In reciprocal insurance each subscriber gives the individual or incorporated manager (attorney-in-fact) authority to exchange insurance for him with other subscribers. A reciprocal contract of insurance cannot be completed without a power-of-attorney. (b) In the Fidelity and Surety business, it gives the attorney-in-fact the power to execute bonds within the authority granted in the power of attorney itself, subject to instructions, if any, defining the manner of its use.