This form is a Uniform Statutory Form of Power of Attorney for California for property, finances and other powers you specify. It also provides that it can be durable.
Uniform Statutory Form Power Of Attorney 4401 Withholding
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The California Statutory Form Power of Attorney (Probate Code §4401) allows a principal to grant an agent authority to conduct transactions involving financial decision making. You may name more than one agent, and you may require that they act either separately or jointly.
Section 4401 of the California probate code contains an example of a durable power of attorney.
Power of Attorney Uniform Statutory Form ? California Probate Code §4401 ? RPI Form 447. This form is used by an agent or escrow officer when an owner or buyer appoints a person who is to act on their behalf as their attorney-in-fact, to grant specific powers to the person authorized to act as their attorney-in-fact.
The difference has to do with whether the powers remain effective after the onset of a disability. That is, the regular power of attorney ceases to be effective if you become disabled, whereas the ?durable? power of attorney continues to be effective despite your subsequent disability.
Uniform Statutory Form Power of Attorney Act¹ provides a. short statutory form that gives the agent (attorney in fact) authority to act with respect to one or more of 13 categories of. transactions or matters, such as "real property transactions" or. "banking and other financial institution transactions."
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(California Probate Code Section 4401). Statutory Form Power of Attorney.THEY ARE EXPLAINED IN THE UNIFORM STATUTORY FORM POWER OF ATTORNEY ACT (CALIFORNIA PROBATE CODE SECTIONS 4400-4465). UNIFORM STATUTORY FORM POWER OF ATTORNEY. TO WITHHOLD A POWER, DO NOT INITIAL THE LINE IN FRONT OF IT. YOU MAY,. (California Probate Code Section 4401). Note: See published chaptered bill for complete section text. CALIFORNIA UNIFORM STATUTORY POWER OF ATTORNEY (California Probate Code Section 4401) NOTICE: THE POWERS GRANTED BY THIS DOCUMENT ARE BROAD AND SWEEPING. Current through the 2023 Legislative Session. The form is in accordance with the Uniform Statutory Form Power of Attorney Act (Calif.