limited power of attorney
- limited power of attorney
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A power of attorney that gives the agent power to handle only a specified matter — for example, to sign papers completing a single business transaction or property transfer.
Compare: general power of attorney
Category: Business, LLCs & Corporations
Category: Wills, Trusts & Estates → Financial Powers of Attorney
Nolo’s Plain-English Law Dictionary.
Gerald N. Hill, Kathleen Thompson Hill.
2009.
Look at other dictionaries:
Limited Power Of Attorney - LPOA — An authorization form used in the professional money management field which gives a portfolio manager discretion to perform certain functions in a client s account, such as: trading authorization, disbursement authority, fee payment authority and … Investment dictionary
limited power of attorney — permission to execute a specific action in the same of someone else … English contemporary dictionary
power of attorney — power of attorney: an instrument containing an authorization for one to act as the agent of the principal that terminates esp. upon revocation by the principal or death of the principal or agent – called also letter of attorney; du·ra·ble power… … Law dictionary
general power of attorney — see power of attorney Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. general power of attorney … Law dictionary
special power of attorney — see power of attorney Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. special power of attorney … Law dictionary
Power of attorney — For the television program, see Power of Attorney (TV show). A power of attorney (POA) or letter of attorney is a written authorization to represent or act on another s behalf in private affairs, business, or some other legal matter. The person… … Wikipedia
Power Of Attorney — A legal document giving one person (called an agent or attorney in fact ) the power to act for another person (the principal). The agent can have broad legal authority or limited authority to make legal decisions about the principal s property… … Investment dictionary
power — The right, ability, authority, or faculty of doing something. Authority to do any act which the grantor might himself lawfully perform. Porter v. Household Finance Corp. of Columbus, D.C.Ohio, 385 F.Supp. 336, 341. A power is an ability on the… … Black's law dictionary
power — pow·er n 1: capability of acting or of producing an effect parties of unequal bargaining power 2 a: authority or capacity to act that is delegated by law or constitution often used in pl. commerce power often cap C&P: the power delegated to… … Law dictionary
attorney — at·tor·ney /ə tər nē/ n pl neys [Anglo French atorné legal representative, from past participle of atorner to designate, appoint, from Old French, to prepare, arrange see attorn]: a person authorized to act on another s behalf; esp: lawyer see… … Law dictionary