Revocation Agreement

State:
Multi-State
Control #:
US-04551BG
Format:
Word; 
Rich Text
Instant download

Description

The Revised Model Nonprofit Corporation Act allows the revocation of the appointment a registered agent of a Nonprofit Corporation.

How to fill out Revocation Agreement?

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FAQ

Step 1. Contact the other party and advise your intent to revoke the agreement. The other party may consent and freely let you out of the contract, in which case, the parties amicably agree to terminate the agreement. Follow up with a confirming letter that by mutual agreement, the contract is no longer in force.

Until an attorney-in-fact's powers are properly revoked, they can continue to legally act for the principal. To cancel a Power of Attorney, the principal can create a document called a Revocation of Power of Attorney or create a new Power of Attorney that indicates the previous Power of Attorney is revoked.

Types of Revocation Revocation by operation of law. Mutual cancellation by both parties. Revoking an offer before it is accepted. Revoking an acceptance before consideration takes place.

There is no specific form to revoke a general power of attorney; but a donor should put something in writing making it clear that the power of attorney is revoked. There is a form which can be used to revoke an enduring power of attorney. It is available from the SA Gov - Power of Attorney website.

Revocation definition A revoking or being revoked; cancellation; repeal; annulment. The definition of a revocation is a cancellation. An example of a revocation is a taking away of someone's driver's license.

Interesting Questions

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A proposal can be revoked anytime before the acceptance is complete against the proposer so as to create a binding contract. A breach of contract lawsuit may be filed against the party that failed to perform the terms on a legal contract.

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Revocation Agreement Template