The North Dakota general (financial) power of attorney form is a document that empowers an “agent” to manage the “principal’s” financial affairs, including business and property management. This arrangement grants the agent broad authority to act independently, although the principal retains the right to define the agent’s powers and can revoke or set an expiration date for the power of attorney at any time.
Unlike the durable power of attorney, this form automatically terminates if the principal becomes incapacitated.
Signing Requirements – The state statutes do not specifically mention this. However, the North Dakota Legal Self-Help Center Instruction Manual recommends notarization.
Presumption of Durability (§ 30.1-30-01) – No, in North Dakota, a power of attorney is not considered durable by default and needs to contain specific language deeming it durable.