Arkansas Revocation of Power of Attorney for an Unrecorded Power of Attorney

• Category: Oil Gas and Minerals - Agent Designations
• State: Multi-State
• Control #: US-OG-025
• Format: Word; Rich Text

Description

This revocation serves to terminate the authority of an agent/attorney in fact, under an unrecorded power of attorney. Arkansas Revocation of Power of Attorney for an Unrecorded Power of Attorney: A Comprehensive Guide In Arkansas, a Revocation of Power of Attorney for an Unrecorded Power of Attorney is a legal document used to terminate or cancel an existing Power of Attorney that hasn't been recorded or registered with the proper authorities. This revocation ensures that any previous grants of authority and decision-making powers given to an agent under the unrecorded Power of Attorney are no longer valid. Keywords: Arkansas, Revocation, Power of Attorney, Unrecorded Power of Attorney, Terminate, Cancel, Grants of authority, Decision-making powers, Agent. Types of Arkansas Revocation of Power of Attorney for an Unrecorded Power of Attorney: 1. General Revocation: This type of revocation terminates the unrecorded Power of Attorney in its entirety, revoking all powers and authorities granted to the agent. It is an effective means to completely nullify the agent's ability to act on behalf of the principal. 2. Limited Revocation: In certain cases, the principal may wish to revoke only specific powers granted under the unrecorded Power of Attorney. This type of revocation allows the principal to specify the exact powers or authorities they want to revoke while keeping other powers intact. 3. Conditional Revocation: A conditional revocation allows the principal to revoke the unrecorded Power of Attorney, but with certain conditions specified. For example, the revocation might only become effective upon the occurrence of a particular event or if the agent fails to fulfill certain obligations. 4. Revocation with Subsequent Appointment: In this type of revocation, the principal not only cancels the unrecorded Power of Attorney but also simultaneously appoints a new agent or executes a new Power of Attorney. This ensures continuity in decision-making and representation. 5. Revocation of Durable Power of Attorney: A durable Power of Attorney remains effective even if the principal becomes incapacitated or unable to make decisions. The revocation of a durable Power of Attorney for an unrecorded power of attorney ensures that the agent's authority is explicitly terminated despite the durability of the previous document. It is important to note that revocation of an unrecorded Power of Attorney requires a written document, signed by the principal, that clearly expresses the intention to revoke the previously granted powers. The document should include the names of the principal and the agent, date of revocation, and specific details about the Power of Attorney being revoked. In conclusion, an Arkansas Revocation of Power of Attorney for an Unrecorded Power of Attorney is a crucial legal instrument that allows the principal to end the authority granted to an agent under an unrecorded Power of Attorney. Whether it's a general, limited, conditional, or durable Power of Attorney, revocation ensures that the principal's decision-making powers are protected and all previous grants of authority are unequivocally terminated.

Arkansas Revocation of Power of Attorney for an Unrecorded Power of Attorney: A Comprehensive Guide In Arkansas, a Revocation of Power of Attorney for an Unrecorded Power of Attorney is a legal document used to terminate or cancel an existing Power of Attorney that hasn't been recorded or registered with the proper authorities. This revocation ensures that any previous grants of authority and decision-making powers given to an agent under the unrecorded Power of Attorney are no longer valid. Keywords: Arkansas, Revocation, Power of Attorney, Unrecorded Power of Attorney, Terminate, Cancel, Grants of authority, Decision-making powers, Agent. Types of Arkansas Revocation of Power of Attorney for an Unrecorded Power of Attorney: 1. General Revocation: This type of revocation terminates the unrecorded Power of Attorney in its entirety, revoking all powers and authorities granted to the agent. It is an effective means to completely nullify the agent's ability to act on behalf of the principal. 2. Limited Revocation: In certain cases, the principal may wish to revoke only specific powers granted under the unrecorded Power of Attorney. This type of revocation allows the principal to specify the exact powers or authorities they want to revoke while keeping other powers intact. 3. Conditional Revocation: A conditional revocation allows the principal to revoke the unrecorded Power of Attorney, but with certain conditions specified. For example, the revocation might only become effective upon the occurrence of a particular event or if the agent fails to fulfill certain obligations. 4. Revocation with Subsequent Appointment: In this type of revocation, the principal not only cancels the unrecorded Power of Attorney but also simultaneously appoints a new agent or executes a new Power of Attorney. This ensures continuity in decision-making and representation. 5. Revocation of Durable Power of Attorney: A durable Power of Attorney remains effective even if the principal becomes incapacitated or unable to make decisions. The revocation of a durable Power of Attorney for an unrecorded power of attorney ensures that the agent's authority is explicitly terminated despite the durability of the previous document. It is important to note that revocation of an unrecorded Power of Attorney requires a written document, signed by the principal, that clearly expresses the intention to revoke the previously granted powers. The document should include the names of the principal and the agent, date of revocation, and specific details about the Power of Attorney being revoked. In conclusion, an Arkansas Revocation of Power of Attorney for an Unrecorded Power of Attorney is a crucial legal instrument that allows the principal to end the authority granted to an agent under an unrecorded Power of Attorney. Whether it's a general, limited, conditional, or durable Power of Attorney, revocation ensures that the principal's decision-making powers are protected and all previous grants of authority are unequivocally terminated.