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.
Tennessee Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor is a legal document that grants the power and authority for an attorney to sign on behalf of a depositor. This authorization is commonly used in various financial and banking transactions, ensuring seamless and convenient operations for the depositor even in their absence. The Tennessee Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor serves as a formal verification and confirmation by the depositor that they authorize their attorney to act on their behalf. By providing this authorization, the depositor entrusts their attorney with the ability to sign checks, withdraw funds, make deposits, and engage in other financial activities relating to their account. Keywords: Tennessee, Signature Authorization, Card, Attorney, Sign, Depositor, Legal Document, Financial, Banking, Transactions, Power, Authority, Verification, Confirmation, Checks, Withdraw, Funds, Deposits. Different types of Tennessee Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor may include: 1. General Signature Authorization: This type of authorization grants the attorney the broad authority to sign all types of financial and banking documents on behalf of the depositor. 2. Limited Signature Authorization: In certain circumstances, the depositor may choose to limit the scope of the attorney's authorization. This type of authorization specifies the specific actions or transactions that the attorney is authorized to undertake on behalf of the depositor. 3. Specific Transaction Signature Authorization: This type of authorization is used for a particular transaction or a specific set of transactions. It may be time-limited and only applicable to a single occasion or a particular period. 4. Revocable Signature Authorization: Sometimes, a depositor may wish to retain the ability to revoke or cancel the attorney's authorization at any time. This type of authorization allows the depositor to maintain control over their accounts and make changes as they deem necessary. 5. Irrevocable Signature Authorization: In contrast to the revocable authorization, this type of authorization cannot be easily revoked or canceled by the depositor. This may be used in situations where the depositor wants to ensure a long-term commitment or trust in their attorney's abilities. It is important to note that the specific terms and conditions of the Tennessee Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor may vary depending on the financial institution or legal requirements. It is advisable for the depositor to consult with their attorney or financial advisor to ensure compliance with applicable laws and regulations.
