Citibank Power Of Attorney For California Residents printable pdf download

Power of Attorney

For California Residents

Please complete notice and the accompanying form.

NOTICE TO PERSON EXECUTING DURABLE POWER OF ATTORNEY

SECTION I

A durable power of attorney is an important legal document. By signing the durable power of attorney, you are authorizing another person to act for YOU, the

principal. Before you sign this durable power of attorney, you should know these important facts: Your agent (attorney–in–fact) has no duty to act unless you and your

agent agree otherwise in writing.

This document gives your agent the powers to manage, dispose of, sell, and convey your real and personal property and to use your property as security if your

agent borrows money on your behalf. This document does not give your agent the power to accept or receive any of your property in trust or otherwise, as a gift,

unless you specifically authorize the agent to accept or receive a gift.

Your agent will have the right to receive reasonable payment for services provided under this durable power of attorney unless you provide otherwise in this power of

attorney.

The powers you give your agent will continue to exist for your entire lifetime, unless you state that the durable power of attorney will last for a shorter period of time or

unless you otherwise terminate the durable power of attorney. The powers you give your agent in this durable power of attorney will continue to exist even if you can

no longer make your own decisions respecting the management of your property.

You can amend or change this durable power of attorney only by executing a new durable power of attorney or by executing an amendment through the same

formalities as the original. You have the right to revoke or terminate this durable power of attorney at any time, so long as you are competent.

This durable power of attorney must be dated and must be acknowledged before a notary public or signed by two witnesses. If it is signed by two witnesses, they

must witness either (1) the signing of the power of attorney or (2) the principal’s signing or acknowledgment of his or her signature. A durable power of attorney that

may affect real property should be acknowledged before a notary public so that it may easily be recorded.

You should read this durable power of attorney carefully. When effective, this durable power of attorney will give your agent the right to deal with property that you

now have or might acquire in the future. The durable power of attorney is important to you. If you do not understand the durable power of attorney, or any provision of

it, then you should obtain the assistance of an attorney or other qualified person.

NOTICE TO PERSON ACCEPTING THE APPOINTMENT AS ATTORNEY–IN–FACT

You should read this durable power of attorney carefully. The durable power of attorney is important to you. If you do not understand the durable power of attorney, or

any provision of it, then you should obtain the assistance of an attorney or other qualified person.

By acting or agreeing to act as the agent (attorney–in–fact) under this power of attorney you assume the fiduciary and other legal responsibilities of an agent. These

responsibilities include:

1. The legal duty to act solely in the interest of the principal and to avoid conflicts of interest.

2. The legal duty to keep the principal’s property separate and distinct from any other property owned or controlled by you.

You may not transfer the principal’s property to yourself without full and adequate consideration or accept a gift of the principal’s property unless this power of

attorney specifically authorizes you to transfer property to yourself or accept a gift of the principal’s property. If you transfer the principal’s property to yourself without

specific authorization in the power of attorney, you may be prosecuted for fraud and/or embezzlement. If the principal is 65 years of age or older at the time that the

property is transferred to you without authority, you may also be prosecuted for elder abuse under Penal Code Section 368. In addition to criminal prosecution, you

may also be sued in civil court.

I ha

e read the foregoing notice and I understand the legal and fiduciary duties that I assume by acting or agreeing to as the agent (attorney–in–fact) under the terms

of the power of attorney.

Attorney-in-Fact Name (Printed)

Attorney-in-Fact Signature

Date

Attorney-in-Fact Signature

Date

NFC0428P – CA

Page 1 of 3

02/2011

Revised 07/2011