North Carolina Durable (Financial) Power of Attorney Form

The North Carolina Durable (Financial) Power of Attorney organizes a drafted understanding to appoint an agent to decide on behalf of another’s financial matters. Issuing a durable POA extends the period of agency beyond a general arrangement, allowing the agreement to remain active if the granting principal becomes incapacitated.

Last updated September 21st, 2024

Laws

Statute – North Carolina General Statutes – Chapter 32C – Uniform Power of Attorney Act (§ 32C-1-101 – 32C-4-403)

Definitions – “Durable”- With respect to a power of attorney, the incapacity of the principal does not terminate the power of attorney (§ 32C-1-102(2)).

Signing Requirements – Notary supervision and endorsement are required to approve the transaction (§ 32C-1-105).

Revocation – § 32C-1-110