California Probate Code 4262 – Subject to this article, if a power of attorney grants limited …
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Subject to this article, if a power of attorney grants limited authority to an attorney-in-fact, the attorney-in-fact has the following authority:
(a) The authority granted in the power of attorney, as limited with respect to permissible actions, subjects, or purposes.
Terms Used In California Probate Code 4262
- Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
(b) The authority incidental, necessary, or proper to carry out the granted authority.
(Added by Stats. 1994, Ch. 307, Sec. 16. Effective January 1, 1995.)