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.
Delaware Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor is a legal document that grants authority to an attorney to sign on behalf of a depositor in Delaware. This authorization is often required in certain situations when the depositor is unable to physically sign documents or needs someone with legal expertise to represent them. The Delaware Signature Authorization ensures that the attorney has the power to sign the depositor's signature on various documents, contracts, or financial instruments. This allows the attorney to legally act on behalf of the depositor, providing them with the ability to enter agreements, execute transactions, and fulfill other legal obligations. Different types of Delaware Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor can include: 1. General Signature Authorization: This type of authorization gives the attorney the broad authority to sign on behalf of the depositor. It covers a wide range of legal matters, from signing contracts and agreements to financial transactions. 2. Limited Signature Authorization: In certain cases, a depositor may prefer to grant the attorney limited powers to sign specific types of documents or execute certain types of transactions. This type of authorization provides a more tailored and restricted scope of authority to the attorney. 3. Business Signature Authorization: For business entities, there may be a need for an attorney to sign on behalf of the company or organization. In such cases, a business-specific signature authorization can be created, outlining the attorney's authority to sign documents related to the business's operations or legal matters. 4. Financial Signature Authorization: Sometimes, a depositor may require an attorney to sign specific financial documents, such as checks, banking forms, or investment-related paperwork. A financial signature authorization is designed to grant the attorney the necessary authority solely in financial matters. It is important for the Delaware Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor to clearly outline the extent of the attorney's authority, the duration of the authorization, and any limitations or conditions associated with it. This document helps protect the depositor's interests and ensures that authorized signatures carry legal validity. Prior to using any type of signature authorization, it is recommended to consult with legal professionals to ensure compliance with Delaware state laws and regulations.