This Notice is required on a printed form of a durable power of attorney that is sold or otherwise distributed in California for use by a person who does not have the advice of legal counsel. It shall shall be in not less than 10-point boldface type or a reasonable equivalent. This notice is not required for the Uniform Statutory Power of Attorney form.
In Modesto, California, pursuant to the legal guidelines, a specific statutory notice is required to be included in printed Durable Power of Attorney (POA) forms. This notice serves the purpose of informing individuals utilizing such forms about their rights, obligations, and important details pertaining to the use of a POA document. The Modesto California Statutory Notice is an essential component that must be included prominently in all printed durable POA forms. This notice provides crucial information to both the person granting the power of attorney (the principal) and the person appointed as the attorney-in-fact (the agent) regarding their rights, responsibilities, and potential legal consequences associated with the POA document. The Modesto California Statutory Notice for Printed Durable POA Forms typically includes the following key details: 1. Scope of Authority: The notice explains the extent of authority granted to the agent through the POA, including the specific powers that the principal intends to confer upon the agent. 2. Agent's Duties and Obligations: It outlines the agent's responsibilities, emphasizing the agent's fiduciary duty to act in the best interest of the principal and avoid any conflicts of interest. 3. Termination of Authority: The notice clarifies the circumstances under which the agent's authority may be terminated, such as the principal's death, revocation of the POA, or a specific date of termination mentioned in the document. 4. Liability and Indemnification: This section addresses the agent's potential liability for misuse or abuse of their powers, as well as the principal's right to recover any losses incurred due to the agent's wrongdoing. 5. Revocation Procedures: It outlines the procedures for revoking or modifying the POA, including the requirement for written notice to be given to the agent. 6. Jurisdiction: The notice specifies that the POA document falls under the jurisdiction of California law, reminding the parties involved that any disputes will be resolved according to California statutes. It is important to note that the Modesto California Statutory Notice Required for Printed Durable POA Forms applies uniformly to all durable POA forms used within the jurisdiction of Modesto. There are no specific variations or alternative notices mentioned for different types of durable POA forms. The same statutory notice is mandatory for all printed durable POA forms. When creating or utilizing a printed durable POA form in Modesto, California, it is essential to ensure that the statutory notice is included accurately and conspicuously. This ensures compliance with legal requirements and helps the parties involved understand their rights and obligations under the POA arrangement.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
