The General (Financial) Power of Attorney is a non-durable legal document that enables a person to designate an agent to carry out specified performances in their name. The term “non-durable” means that the document becomes void should the principal ever enter a state where they are unable to articulate themselves. Apart from this aspect of the written instrument, users can convey various powers connected to signing contracts, handling certain financial matters, accessing private documents, etc. To put this into action, the principal must enter the details of the attorney-in-fact, specify which personal rights will be furnished to the agent, and supply their endorsement as required by law.
Laws
Statutes – Colorado Revised Statutes – Uniform Power of Attorney Act (§ 15-14-701 – 15-14-745)
Definition – “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 (§ 15-14-702(7)).
Signing Requirements – State regulation demands that the document be signed before a notary to create the commitment (§ 15-14-705).
Revocation – § 15-14-710
Other Versions
Colorado General (Financial) Power of Attorney – Version 1
Download: Adobe PDF
eSignVersion
Download: Adobe PDF
Additional Resources
- Colorado Bar Association –Financial Powers of Attorney Pamphlet
- Rocky Mountain Elder Law –What are Powers of Attorney and How Do They Work?
Related Forms
Advance DirectiveDownload: Adobe PDF
Durable (Financial) Power of Attorney
Download: Adobe PDF