Kings New York Durable Power of Attorney For Limited Purpose of Executing Division orders and Transfer orders

• Category: Oil Gas and Minerals - Agent Designations
• State: Multi-State
• County: Kings
• 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 Kings New York Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders is a legal document granting the authority to execute division orders and transfer orders to an appointed individual, known as the attorney-in-fact. This type of power of attorney is specific to New York state and designed for limited purposes only. In the context of oil and gas investments or royalty interests, division orders are utilized to ensure the proper distribution of revenue among different interest owners. These orders outline the percentage interest each owner holds in the production of a particular well or lease. A transfer order, on the other hand, is a document that authorizes the transfer of ownership interests from one party to another. By creating a Kings New York Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders, individuals can delegate the responsibility of executing these crucial documents to a trusted attorney-in-fact. This power of attorney ensures that the attorney-in-fact acts on their behalf, handling the administrative tasks involved with division orders and transfer orders efficiently and accurately. Specifically, the Kings New York Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders grants the attorney-in-fact the power to sign and execute division orders and transfer orders related to oil and gas interests held within New York state. It is important to note that this power of attorney is restricted solely to the authority granted for executing these specific documents and does not grant the attorney-in-fact any additional powers outside this limited scope. There may be variations or different types of Kings New York Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders, depending on individual circumstances or specific needs. However, the core purpose remains the same: to delegate the authority to execute division orders and transfer orders pertaining to oil and gas interests in New York state. In summary, a Kings New York Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders is a specialized type of power of attorney that grants the authority to an appointed attorney-in-fact to execute division orders and transfer orders related to oil and gas interests in New York state. This legal document ensures efficient and accurate handling of administrative tasks, benefiting individuals involved in the management and transfer of ownership interests.

A Kings New York Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders is a legal document granting the authority to execute division orders and transfer orders to an appointed individual, known as the attorney-in-fact. This type of power of attorney is specific to New York state and designed for limited purposes only. In the context of oil and gas investments or royalty interests, division orders are utilized to ensure the proper distribution of revenue among different interest owners. These orders outline the percentage interest each owner holds in the production of a particular well or lease. A transfer order, on the other hand, is a document that authorizes the transfer of ownership interests from one party to another. By creating a Kings New York Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders, individuals can delegate the responsibility of executing these crucial documents to a trusted attorney-in-fact. This power of attorney ensures that the attorney-in-fact acts on their behalf, handling the administrative tasks involved with division orders and transfer orders efficiently and accurately. Specifically, the Kings New York Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders grants the attorney-in-fact the power to sign and execute division orders and transfer orders related to oil and gas interests held within New York state. It is important to note that this power of attorney is restricted solely to the authority granted for executing these specific documents and does not grant the attorney-in-fact any additional powers outside this limited scope. There may be variations or different types of Kings New York Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders, depending on individual circumstances or specific needs. However, the core purpose remains the same: to delegate the authority to execute division orders and transfer orders pertaining to oil and gas interests in New York state. In summary, a Kings New York Durable Power of Attorney for Limited Purpose of Executing Division Orders and Transfer Orders is a specialized type of power of attorney that grants the authority to an appointed attorney-in-fact to execute division orders and transfer orders related to oil and gas interests in New York state. This legal document ensures efficient and accurate handling of administrative tasks, benefiting individuals involved in the management and transfer of ownership interests.