362 Downloads

The Alabama General Power of Attorney is implemented by those looking to have someone achieve certain functions in their name. These functions are generally related to the principal’s finances and assets. To accomplish this, the conveying party will have to indicate their desires within the form and validate it with the aid of a notary public. Afterward, when the agent goes to an establishment to handle a specific business matter for the principal, they can furnish a copy of the written authorization to prove that they are entitled to act on his or her behalf. Unlike a durable contract, a general POA’s enforceability will cease to exist once the primary party loses the ability to make coherent decisions.

Laws

Statute – Code of Alabama – Alabama Uniform Power of Attorney Act (§ 26-1A-105 – 26-1A-404)

Definitions – “Power of Attorney” means a writing or other record that grants authority to an agent to act in the place of the principal, whether or not the term power of attorney is used (§ 26-1A-102(7)).

Signing Requirements – All endorsements must be retained with supplemental confirmation from an appointed notarial figure (§ 26-1A-105).

Revocation – § 26-1A-110