Sacramento California 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: Sacramento
• 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. Sacramento California Durable Power of Attorney For Limited Purpose of Executing Division orders and Transfer orders is a legal document that grants specific authority to an individual (the attorney-in-fact) to act on behalf of another person (the principal) in matters related to executing division orders and transfer orders. This type of power of attorney is commonly used in the oil and gas industry, where it is necessary to facilitate the transfer of ownership interests and execute division orders. The Sacramento California Durable Power of Attorney For Limited Purpose of Executing Division orders and Transfer orders enables the attorney-in-fact to enter into agreements, sign necessary documents, and perform all activities essential for the execution of division orders and transfer orders. These orders typically involve the division of interests in mineral rights or the transfer of ownership when acquiring or selling oil or gas assets. It is crucial to specify the limited purpose of this durable power of attorney, which limits the authority given to the attorney-in-fact solely to executing division orders and transfer orders. By doing so, the principal maintains control over other aspects of their affairs and assets. This type of power of attorney can have different variations, including: 1. Sacramento California Durable Power of Attorney For Limited Purpose of Executing Division Orders: This specific variation grants authority solely for the execution of division orders that divide the ownership interests in mineral rights. This could include signing agreements with other parties, providing necessary documentation, and ensuring the accurate allocation of proceeds. 2. Sacramento California Durable Power of Attorney For Limited Purpose of Executing Transfer Orders: This variation is focused on authorizing the attorney-in-fact to perform all necessary actions related to the transfer of ownership interests in oil or gas assets. This could involve signing transfer documents, establishing legal ownership rights, and overseeing the appropriate recording of changes in ownership. Overall, Sacramento California Durable Power of Attorney For Limited Purpose of Executing Division orders and Transfer orders allows the designated attorney-in-fact to handle specific tasks related to the division and transfer of interests in the oil and gas industry on behalf of the principal. It is crucial to consult with an attorney experienced in California law to ensure that the power of attorney document accurately reflects the desired scope and limitations of authority.

Sacramento California Durable Power of Attorney For Limited Purpose of Executing Division orders and Transfer orders is a legal document that grants specific authority to an individual (the attorney-in-fact) to act on behalf of another person (the principal) in matters related to executing division orders and transfer orders. This type of power of attorney is commonly used in the oil and gas industry, where it is necessary to facilitate the transfer of ownership interests and execute division orders. The Sacramento California Durable Power of Attorney For Limited Purpose of Executing Division orders and Transfer orders enables the attorney-in-fact to enter into agreements, sign necessary documents, and perform all activities essential for the execution of division orders and transfer orders. These orders typically involve the division of interests in mineral rights or the transfer of ownership when acquiring or selling oil or gas assets. It is crucial to specify the limited purpose of this durable power of attorney, which limits the authority given to the attorney-in-fact solely to executing division orders and transfer orders. By doing so, the principal maintains control over other aspects of their affairs and assets. This type of power of attorney can have different variations, including: 1. Sacramento California Durable Power of Attorney For Limited Purpose of Executing Division Orders: This specific variation grants authority solely for the execution of division orders that divide the ownership interests in mineral rights. This could include signing agreements with other parties, providing necessary documentation, and ensuring the accurate allocation of proceeds. 2. Sacramento California Durable Power of Attorney For Limited Purpose of Executing Transfer Orders: This variation is focused on authorizing the attorney-in-fact to perform all necessary actions related to the transfer of ownership interests in oil or gas assets. This could involve signing transfer documents, establishing legal ownership rights, and overseeing the appropriate recording of changes in ownership. Overall, Sacramento California Durable Power of Attorney For Limited Purpose of Executing Division orders and Transfer orders allows the designated attorney-in-fact to handle specific tasks related to the division and transfer of interests in the oil and gas industry on behalf of the principal. It is crucial to consult with an attorney experienced in California law to ensure that the power of attorney document accurately reflects the desired scope and limitations of authority.