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.
Maryland Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor is a legal document that grants an attorney the authority to sign a depositor's signature on various banking or financial documents in the state of Maryland. This authorization is commonly used when the depositor is unable to physically sign due to absence, illness, or any other reason. The Maryland Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor allows the named attorney to act on behalf of the depositor for specific financial transactions, ensuring smooth and uninterrupted banking operations. This authorization empowers the attorney to sign checks, withdrawal forms, deposit slips, and any other necessary financial documents related to the depositor's account. There are different types of Maryland Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor that cater to various situations and requirements. Some key types include: 1. General Maryland Signature Authorization: This type of authorization grants the attorney the authority to sign all banking documents related to the depositor's account on an ongoing basis. 2. Limited Maryland Signature Authorization: This variation specifies certain limitations or restrictions on the attorney's authority. It often includes a specific time frame within which the authorization is valid or restricts the attorney's power to a particular type of transaction. 3. Temporary Maryland Signature Authorization: This type of authorization is time-limited and covers a specific period during which the depositor will be unavailable or unable to sign. It is commonly used during extended absences, such as vacations or medical treatments. 4. Maryland Signature Authorization for Incapacitated Depositor: This variation is designed for cases where the depositor is unable to sign due to physical or mental incapacity. It requires appropriate documentation, such as medical records or legal guardianship documents, to establish the depositor's incapacity. It is crucial to consult with a qualified attorney or financial advisor when preparing a Maryland Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor. They will ensure that the document complies with all relevant Maryland laws and effectively represents the depositor's intentions.
