Virginia 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

Virginia does not require another witness other than the Notary Public. The Notary Public does not need to read the entire Power of Attorney, but should read and complete the section preceding his or her signature.

The principal may revoke the POA by creating and signing a revocation form; A court-appointed guardian may request the termination of a particular agent's authority; and. An interested party (usually another family member or close friend) may petition the court to terminate the power of attorney.

§ 64.2-1600. "Agent" means a person granted authority to act for a principal under a power of attorney, whether denominated an agent, attorney-in-fact, or otherwise.

Sign the POA in the Presence of a Notary Public As mentioned above, you should have the POA notarized. This means signing it before a notary public, who will verify your identity and sign and stamp the document.

Power of attorney is durable. A power of attorney created under this chapter is durable unless it expressly provides that it is terminated by the incapacity of the principal.

The term power of attorney (POA) refers to a legal authorization that gives a designated person the power to act for someone else. As such, a POA gives the agent or attorney-in-fact the authority to act on behalf of the principal.

Note on notary: Virginia law does not require a Health Care Power of Attorney to be notarized, but it is a good idea if possible. If you get your document notarized, it would appear here under the signatures.

Statutory Form Virginia has no durable statutory power of attorney, but information regarding durable powers can be found in VA Code § 64.2-1601.

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