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Revocation Letter means a written communication indicating the cancellation of an entity's designated status, due to [authority]'s determinations.
Please note that Indiana law has very specific requirements for a Power of Attorney to be valid. The member's signature must be witnessed and attested to by a Notary Public. The Notary Public must also sign the document along with their printed name and the notarial seal.
REVOCATION by Principal: I declare that all power and authority granted under said Power of Attorney is here by revoked and withdrawn, and Attorney in Fact no longer has the authority to act in my behalf in any matter.
Revocation is an annulment or cancellation of a statement or agreement. In the context of contracts, revocation may refer to the offeror canceling an offer.
When revocation happens, a privilege, title, or status is removed from someone. If the library revokes your library card, you can no longer take out library books ? that's a type of revocation. If a restaurant is dirty, that could result in the revocation of its health license.
Revocations are either express or implied. An express revocation is one that must be in writing in order for it to be legally binding. For example, revoking a Power of Attorney agreement must usually be in writing, depending on the state's laws. An implied revocation doesn't have to be in writing as it is implied.