Dundee Power of Attorney
This power of attorney (POA) is granted by the undersigned principal, [YOUR NAME], having the address at [YOUR COMPANY ADDRESS], (hereinafter referred to as "Principal"), hereby appoints [ATTORNEY NAME], resident of [ATTORNEY ADDRESS], (hereinafter referred to as "Attorney-in-Fact" or "Agent")
I. SCOPE OF AUTHORITY
The authority that has been bestowed upon the agent endows him with comprehensive powers. This means he has been given the full capacity to execute and undertake all necessary responsibilities that would traditionally be undertaken by the Principal. This execution and undertaking should be conducted strictly under the specifications provided.
II. EFFECTIVE DATE AND DURATION
This POA goes into effect on [EFFECTIVE DATE] and will continue until [END DATE] unless specifically revoked earlier.
III. REVOCATION CLAUSE
The Principal has the authority to revoke this power of attorney at any time, given they issue a written notice to the Attorney-in-Fact.
Principal's Right to Revoke: The Principal retains the right to revoke the power of attorney at their discretion. This revocation must be communicated in writing to the designated Attorney-in-Fact.
Notice Requirement: Revocation of the power of attorney necessitates the Principal's issuance of a written notice specifically addressed to the Attorney-in-Fact. This notice serves as the official communication of the termination of authority.
Unilateral Action: The Principal possesses the unilateral authority to revoke the power of attorney without requiring consent from the Attorney-in-Fact or any external party. This provision empowers the Principal to modify their legal representation as needed.
Documentation of Revocation: A written record of the revocation serves as legal documentation, ensuring clarity and enforceability of the decision to terminate the power of attorney.
Immediate Effect: Upon receipt of the written notice of revocation, the Attorney-in-Fact's authority becomes null and void, and they must cease acting on behalf of the Principal.
IV. SPECIFIC POWERS
The Attorney-in-Fact shall be empowered to undertake the following specific tasks for the Principal in the city of Dundee:
Financial Management: The Attorney-in-Fact is authorized to manage the Principal's financial affairs in Dundee, including but not limited to banking transactions, bill payments, and investment decisions.
Property Management: The Attorney-in-Fact is granted the authority to oversee the Principal's real estate holdings within Dundee, including renting, leasing, or selling properties as deemed necessary.
Healthcare Decisions: The Attorney-in-Fact is entrusted with making healthcare decisions on behalf of the Principal within Dundee, ensuring compliance with their medical directives and treatment preferences.
Legal Representation: The Attorney-in-Fact is empowered to represent the Principal in legal matters specific to Dundee, including litigation, contract negotiations, and legal consultations.
Business Operations: The Attorney-in-Fact is given the responsibility to manage the Principal's business interests in Dundee, including decision-making, contract signings, and day-to-day operations as outlined in the power of attorney document.
V. INCAPACITY PROVISIONS
Upon incapacity of the Principal, the powers and authority of the Attorney-in-Fact, as granted in this POA, shall continue in full force and effect.
Incapacity Provisions:
Continuation of Authority:
Should the Principal become incapacitated, the Attorney-in-Fact's powers and authority, as delineated in this POA, shall remain fully operational.
Sustained Authority Upon Incapacity:
Upon the Principal's incapacity, the Attorney-in-Fact's powers and authority, as prescribed in this POA, shall endure without diminishment.
VI. GOVERNING LAW
This POA shall be governed by and construed under the laws of Dundee, [COUNTRY].
VII. MISCELLANEOUS PROVISIONS
In this section, any additional provisions that are considered essential and that have not been influenced or altered by any sections preceding this one will be documented and included.
VIII. ACCEPTANCE OF APPOINTMENT
Acknowledgment of Principal
This Power of Attorney shall be effective immediately upon my signature and shall remain valid until my explicit and written revocation.
[YOUR NAME]
[DATE]
Acceptance of Agent
I, [ATTORNEY'S NAME], acknowledge that I have read and understood the terms and responsibilities outlined in this Power of Attorney document. I accept the appointment as Agent and agree to act under the instructions and limitations provided herein.
[ATTORNEY'S NAME]
[DATE]
NOTARY ACKNOWLEDGEMENT
On this day of in the year , before me, a Notary Public in and for said County and State, personally appeared [YOUR NAME], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
Witness my hand and official seal.
[NOTARY PUBLIC'S NAME]
My Commission Expires:
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