If a person acting, or purporting to act, as a representative signs an instrument by signing either the name of the represented person or the name of the signer, the represented person is bound by the signature to the same extent the represented person would be bound if the signature were on a simple contract. If the represented person is bound, the signature of the representative is the authorized signature of the represented person, and the represented person is liable on the instrument, whether or not identified in the instrument.
Missouri Signature Authorization - Card Authorizing Attorney to Sign Signature of Depositor
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Multi-State
Control #:
US-01314BG
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Word;
Rich Text
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FAQ
To make a durable power of attorney in Missouri (the most common type of POA in estate plans), you must sign your POA in the presence of a notary public. In addition, many financial institutions will not want to rely on a POA unless it has been notarized?a process that helps to authenticate the document.
Under Missouri law, and the law of many other states, a power of attorney with proper wording may be made ?durable.? This means that the power of the agent to act on the principal's behalf continues despite the principal's incapacity, whether or not a court decrees the principal to be incapacitated.
Missouri law requires that a durable power of attorney be signed in the presence of two or more witnesses, but allows the principal to revoke it at any time. Physicians who are unwilling to follow the durable power of attorney (perhaps due to moral differences) may arrange for a transfer.
A Missouri vehicle power of attorney form (Form 4054) allows an owner of a vehicle to appoint someone else to handle the transfer (purchase and sale), registration, or titling. After the form has been filled in with the vehicle's make, model, and VIN number, it should be taken to a notary public for signature.
A Missouri limited power of attorney form can be used to designate a representative to take care of your financial matters for a specific transaction or for a limited period of time. For instance, if there is a real estate transaction for which you are going to be away, you can appoint a person to sign on your behalf.
A power of attorney, whether durable or not, executed by a resident of another state, may authorize the carrying out in this state of all acts permitted to be delegated to an agent by the laws of the state of the residence of the principal, the laws of the state where the power of attorney is executed, or the laws of ...
