An Alabama limited power of attorney grants specific powers to a chosen agent (or “attorney-in-fact”) to act on behalf of the principal within a restricted timeframe. This legal document is typically used for delegating clearly defined duties related to property and finances. Termination can occur upon expiration, written revocation, or completion of the designated task(s).
Legal Considerations
Statute – Title 26, Chapter 1A (Uniform Power of Attorney Act).
Authority – § 26-1A-201 – An agent may act to the benefit of the principal and exercise special authority as expressly granted by the agreement.
Signing Requirements – § 26-1A-105 – Notary public.
Related Forms
