North Carolina General Statutes 32C-1-104. Power of attorney; durability
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In North Carolina General Statutes 32C-1-104
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
A power of attorney created pursuant to this Chapter is durable unless the instrument expressly provides that it is terminated by the incapacity of the principal. (2017-153, s. 1.)