Maryland Statutory Form - Limited Power Of Attorney Template Page 7
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20principal
(___) Establish, modify, transact all business in connection with, and
terminate an account or other banking arrangement with a bank, trust company,
savings and loan association, credit union, thrift company, brokerage firm, or other
financial institution selected by the agent
(___) Contract for services available from a financial institution, including
renting a safe deposit box or space in a vault
(___) Deposit by check, money order, electronic funds transfer, or otherwise
with, or leave in the custody of, a financial institution money or property of the principal
(___) Withdraw, by check, money order, electronic funds transfer, or
otherwise, money or property of the principal deposited with or left in the custody of
a financial institution
(___) Receive statements of account, vouchers, notices, and similar
documents from a financial institution and act with respect to them
(___) Enter a safe deposit box or vault and withdraw or add to the contents
(___) Borrow money and pledge as security personal property of the principal
necessary to borrow money or pay, renew, or extend the time of payment of a debt of
the principal or a debt guaranteed by the principal
(___) Make, assign, draw, endorse, discount, guarantee, and negotiate
promissory notes, checks, drafts, and other negotiable or nonnegotiable paper of the
principal or payable to the principal or the principal’s order, transfer money, receive
the cash or other proceeds of those transactions, and accept a draft drawn by a person
on the principal and pay the draft when due
(___) Receive for the principal and act on a sight draft, warehouse
receipt, other document of title whether tangible or electronic, or other negotiable or
nonnegotiable instrument
(___) Apply for, receive, and use letters of credit, credit cards and debit cards,
electronic transaction authorizations, and traveler’s checks from a financial institution
and give an indemnity or other agreement in connection with letters of credit
(___) Consent to an extension of the time of payment with respect to
commercial paper or a financial transaction with a financial institution
(___) All of the above
F.
Operation of an Entity or a Business – With respect to this subject, I
authorize my agent to:
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