New York Statutory Power Of Attorney Short Form Page 4
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4control, unless otherwise permitted by law;
(4)
keep
a
record
or
all
receipts,
payments,
and
transactions
conducted for the principal; and
(5)
disclose
your
identity
as
an
agent
whenever you act for the
principal by
writing or printing the principal's name and
signing
your
own
name
as
"agent"
in either of the following manners:
(Principal's
Name) by (Your Signature) as Agent, or (your
signature)
as
Agent
for
(Principal's Name).
You
may
not use the principal's assets to benefit yourself or anyone
else or make gifts to yourself or anyone else unless the
principal
has
specifically
granted
you
that
authority
in
this document, which is
either a Statutory Gifts Rider attached
to a Statutory Short Form
Power
of
Attorney
or
a
Non-
Statutory
Power
of Attorney. If you have that
authority, you
must act according to any instructions of
the
principal
or,
where
there
are
no
such
instructions,
in the principal's
best
interest. You may resign by giving written notice to the
principal
and
to
any co-agent, successor agent, monitor if
one has been named in this
document, or the principal's
guardian if
one
has
been
appointed.
If
there
is anything
about this document or your responsibilities that you
do not
understand, you should seek legal advice.
Liability of agent:
The meaning of the authority given to you is
defined
in
New
York's
General
Obligations
Law,
Article 5, Title 15. If it
is found that you
have violated the law or acted outside the
authority granted to
you
in
the
Power
of
Attorney,
you
may
be
liable
under
the law for your
violation.
(o)
AGENT'S SIGNATURE AND ACKNOWLEDGMENT OF APPOINTMENT:
It is
not required that the principal and the
agent(s)
sign
at
the
same time, nor that multiple agents sign at the same time.
I/we,
___________________________________________,
have
read
the
foregoing Power of
Attorney.
I
am/we
are
the
person(s)
identified
therein as agent(s) for the principal
named therein.
I/we acknowledge my/our legal
responsibilities.
Agent(s) sign(s)
here:==>__________________________________________
(acknowledgment(s))
(p) SUCCESSOR AGENT'S SIGNATURE AND
ACKNOWLEDGMENT OF APPOINTMENT:
It
is
not required that the
principal and the SUCCESSOR agent(s), if
any, sign at the same
time, nor that multiple SUCCESSOR agents
sign
at
the
same
time. Furthermore, successor agents can not use this power of
attorney unless the agent(s) designated above is/are unable or
unwilling
to serve.
I/we,
___________________________________________,
have
read
the
foregoing
Power
of
Attorney.
I
am/we
are
the person(s)
identified
therein as SUCCESSOR agent(s) for the principal
named therein.
Successor Agent(s) sign(s)
here:==>______________________________________
(acknowledgment(s))"
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