Arkansas Signature Authorization - Card Authorizing Attorney to Sign Signature of Depositor

State:
Multi-State
Control #:
US-01314BG
Format:
Word; 
Rich Text
Instant download

Description

If a person acting, or purporting to act, as a representative signs an instrument by signing either the name of the represented person or the name of the signer, the represented person is bound by the signature to the same extent the represented person would be bound if the signature were on a simple contract. If the represented person is bound, the signature of the representative is the authorized signature of the represented person, and the represented person is liable on the instrument, whether or not identified in the instrument.

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FAQ

Canada: Signing Documents As A Power Of Attorney First, sign the name of the adult who appointed you; Second, write "by" and then sign your own name; and. Third, add the following qualification, "attorney-in-fact" after your signature.

If you are signing something formal with the express authority of the intended signee, put 'p. p' before your signature, as it will advise the reader that you are signing on someone else's behalf.

A power of attorney is a legal document that allows someone else to act on your behalf. Powers of attorney (POA) can be helpful to older people and others who want to choose a trusted person to act on their behalf when they cannot.

The POA would only sign checks occasionally when needed to assist the account owner - the account owner doesn't want the POA to be a joint owner. Although it may not be necessary, we almost always will create a new signature card with both the account owner and the POA to sign in their respective capacities.

Notarization Requirement While Arkansas does not technically require you to get your POA notarized, notarization is very strongly recommended. Under Arkansas law, when you sign your POA in the presence of a notary public, your signature is presumed to be genuine?meaning your POA is more ironclad.

We typically recommend the following procedure: First, sign the name of the adult who appointed you; Second, write ?by? and then sign your own name; and. Third, add the following qualification, ?attorney-in-fact? after your signature.

A power of attorney (POA) authorizes someone else to handle certain matters, such as finances or health care, on your behalf.

The person named in a power of attorney to act on your behalf is commonly referred to as your "agent" or "attorney-in-fact." With a valid power of attorney, your agent can take any action permitted in the document. Often your agent must present the actual document to invoke the power.

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Arkansas Signature Authorization - Card Authorizing Attorney to Sign Signature of Depositor