Michigan Durable Power of Attorney For Limited Purpose of Executing Division orders and Transfer orders

• Category: Oil Gas and Minerals - Agent Designations
• State: Multi-State
• Control #: US-OG-020
• Format: Word; Rich Text

Description

This form is described in the title. If an agent/attorney in fact signs a division order for a third party, the disburser of production will most probably call for an original of this power of attorney to accompany the signed division order, or a copy of a recorded power of attorney accompany the division order. A Michigan Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders is a legal document that grants someone else the authority to make decisions and take actions related to the execution of division orders and transfer orders on behalf of the principal. In Michigan, there are various types of Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders, including: 1. General Division Order and Transfer Order Authority: This type of power of attorney grants the agent the authority to execute and process division orders and transfer orders for all types of assets and properties on behalf of the principal. 2. Oil and Gas Division Order and Transfer Order Authority: This specific type of power of attorney is designed for individuals involved in the oil and gas industry. It gives the agent the power to execute division orders and transfer orders specifically related to oil and gas assets. 3. Real Estate Division Order and Transfer Order Authority: This type of power of attorney is intended for individuals involved in real estate transactions. The agent is authorized to execute division orders and transfer orders pertaining to real estate properties on behalf of the principal. By having a Michigan Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders, the principal ensures that their authorized agent has the legal authority to handle all necessary aspects of executing and processing division orders and transfer orders. This includes activities such as signing documents, submitting paperwork to relevant authorities, and acting on behalf of the principal in any related matters. It is important to note that this power of attorney is durable, meaning it remains valid even if the principal becomes incapacitated or unable to make decisions independently. However, it is crucial to select a trustworthy agent who will always act in the principal's best interest and follow their instructions. In conclusion, a Michigan Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders is a crucial legal document that grants an agent the authority to handle division orders and transfer orders on behalf of the principal. With different types available, individuals can choose the one that specifically caters to their industry or transaction needs.

A Michigan Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders is a legal document that grants someone else the authority to make decisions and take actions related to the execution of division orders and transfer orders on behalf of the principal. In Michigan, there are various types of Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders, including: 1. General Division Order and Transfer Order Authority: This type of power of attorney grants the agent the authority to execute and process division orders and transfer orders for all types of assets and properties on behalf of the principal. 2. Oil and Gas Division Order and Transfer Order Authority: This specific type of power of attorney is designed for individuals involved in the oil and gas industry. It gives the agent the power to execute division orders and transfer orders specifically related to oil and gas assets. 3. Real Estate Division Order and Transfer Order Authority: This type of power of attorney is intended for individuals involved in real estate transactions. The agent is authorized to execute division orders and transfer orders pertaining to real estate properties on behalf of the principal. By having a Michigan Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders, the principal ensures that their authorized agent has the legal authority to handle all necessary aspects of executing and processing division orders and transfer orders. This includes activities such as signing documents, submitting paperwork to relevant authorities, and acting on behalf of the principal in any related matters. It is important to note that this power of attorney is durable, meaning it remains valid even if the principal becomes incapacitated or unable to make decisions independently. However, it is crucial to select a trustworthy agent who will always act in the principal's best interest and follow their instructions. In conclusion, a Michigan Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders is a crucial legal document that grants an agent the authority to handle division orders and transfer orders on behalf of the principal. With different types available, individuals can choose the one that specifically caters to their industry or transaction needs.