Maryland Statutory Form - Limited Power Of Attorney Template Page 9
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20the principal’s behalf in the operation of the entity or business and control and disburse
the money in the operation of the entity or business
(___) Put additional capital into an entity or a business in which the
principal has an interest
(___) Join in a plan of reorganization, consolidation, conversion,
domestication, or merger of the entity or business
(___) Sell or liquidate all or part of an entity or business
(___) Establish the value of an entity or a business under a buyout
agreement to which the principal is a party
(___) Prepare, sign, file, and deliver reports, compilations of information,
returns, or other papers with respect to an entity or business and make related
payments
(___) Pay, compromise, or contest taxes, assessments, fines, or penalties
and perform other acts to protect the principal from illegal or unnecessary taxation,
assessments, fines, or penalties, with respect to an entity or a business, including
attempts to recover, as permitted by law, money paid before or after the execution of
this power of attorney
(___) All of the above
G.
Insurance and Annuities – With respect to this subject, I authorize my
agent to:
(___) Continue, pay the premium or make a contribution on, modify,
exchange, rescind, release, or terminate a contract procured by or on behalf of the
principal that insures or provides an annuity to either the principal or another person,
whether or not the principal is a beneficiary under the contract
(___) Procure new, different, and additional contracts of insurance and
annuities for the principal and the principal’s spouse, children, and other dependents,
and select the amount, type of insurance or annuity, and mode of payment
(___) Pay the premium or make a contribution on, modify, exchange, rescind,
release, or terminate a contract of insurance or annuity procured by the agent
(___) Apply for and receive a loan secured by a contract of insurance or
annuity
(___) Surrender and receive the cash surrender value on a contract of
insurance or annuity
(___) Exercise an election
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