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The North Carolina Limited (Special) Power of Attorney supplies a useful tool to fine-tune the details associated with the bestowing of agency in a reduced capacity. Limited POA’s allow a principal party to calibrate the contract in their words to effectively permit particular action(s) to be performed by another. The form can be utilized to issue powers related to:

Personal Property
Real Estate
Bank Accounts
Monies Owed
Legal Matters
Tax Affairs
Insurance Policies
Government Benefits

The principal can complete the document to suit the appropriate need(s) and affix the required signatures before a notary to ensure the contract’s legality.

Laws

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

Definition – “Agent”- A person granted authority to act for a principal under a power of attorney, whether denominated an agent, attorney-in-fact or otherwise. The term includes an original agent, coagent, successor agent, and a person to which an agent’s authority is delegated (§ 32C-1-102(1)).

Signing Requirements – The state of North Carolina stipulates that notary corroboration is obligated at the time of signing to sanction the order (§ 32C-1-105).