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.
Washington Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor is a legal document that grants authority to an attorney or authorized representative to sign on behalf of the depositor. This authorization is typically used in specific situations where the depositor is unable to sign important documents due to physical absence, illness, or any other valid reason. It ensures that the attorney has the legal power to act on behalf of the depositor and make decisions related to financial matters. In the state of Washington, there are different types of Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor: 1. General Signature Authorization: This type of authorization is granted to an attorney or authorized representative to sign any documents on behalf of the depositor. It allows the attorney to act in a broad range of financial matters, including but not limited to bank transactions, investments, and business-related agreements. 2. Specific Signature Authorization: This type of authorization is more limited in scope and specifies the types of documents and transactions the attorney is authorized to sign. The depositor and attorney must clearly outline the specific areas where the attorney has the power to act on behalf of the depositor. This could include signing contracts, executing legal documents, or making specific financial decisions. 3. Temporary Signature Authorization: This type of authorization is typically granted for a specific period, such as during the depositor's absence, illness, or incapacitation. It allows the attorney or authorized representative to handle the depositor's financial matters temporarily until the depositor is able to resume signing on their own. 4. Revocable Signature Authorization: This type of authorization can be revoked or terminated at any time by the depositor. It provides flexibility for the depositor to change their mind or make modifications to the power granted to the attorney. The revocation must be communicated in writing to the attorney and relevant financial institutions. Washington Signature Authorization — Card Authorizing Attorney to Sign Signature of Depositor is a crucial legal tool that protects the interests of both the depositor and the attorney. It ensures that the attorney has the necessary authority to carry out financial transactions on behalf of the depositor, while also providing safeguards to prevent misuse or unauthorized actions.
