LIMITED POWER OF ATTORNEY
This Limited Power of Attorney (the “Agreement”) is made and effective ,
BETWEEN: (the "Attorney"), a corporation organized and existing under the laws of the , with its head office located at:
AND: (the “Client"), a corporation organized and existing under the laws of the [STATE/PROVINCE], with its head office located at:
KNOW ALL MEN BY THESE PRESENTS, that this Power of Attorney is given by Client to Attorney and that the Client hereby appoints Attorney to be its attorney and to do in its name and on its behalf anything that the Client can lawfully do by an attorney, including but not limited to;
< >General Grant of Power Collection Powers Real Property Powers Personal Property Powers Gift Power Contract Powers Banking Powers Tax Returns Safe Deposit Box Employ Agents Motor Vehicles Settlement Powers Legal Actions Dividends Vote Stock Transfer Stock Insurance and Employee Benefit Plans Social Security and Government Benefits Business Interests Borrow Debts and Expenses Investments Restrictions on Attorney's PowersAttorney cannot execute a will or codicil on Client’s behalf.Attorney cannot execute any trust on Client’s behalf, however, Attorney can enter into a custodial agreement with a bank with trust powers.Attorney cannot divert Client’s assets to itself, its creditors or its estate.Attorney shall not exercise, and shall not be vested with any incidents of ownership as to insurance policies insuring Attorney's life, owned by Client.Attorney is a fiduciary, possessing no general or limited power of appointment.Attorney shall not exercise any powers which Client received from Attorney in a fiduciary capacity, and Attorney shall have no authority to exercise any powers, the exercise of which would cause assets of mine to be considered as taxable in Attorney's estate for the purposes of the federal estate tax or the [%] inheritance tax.Interpretation and Governing Law Third-Party Reliance Disability of Principal Photographic Copies
On before me,, notary, personally appeared [name of person(s) involved], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Witness itshand and official seal.
Powered By Lettercrank.com