Rhode Island General Laws 39-10-4. Replacement of attorney on termination of power
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If the attorney shall die or resign or be removed, the corporation, individual, or partnership shall make a new appointment, as provided in § 39-10-2, and file a copy with the secretary of state as provided in § 39-10-3, so that at all times there shall be within the state an attorney authorized as provided in § 39-10-2; and no power of attorney shall be revoked until after like power shall have been given to some competent person and a copy thereof filed as provided in § 39-10-3.
History of Section.
G.L. 1896, ch. 160, § 4; G.L. 1909, ch. 189, § 4; G.L. 1923, ch. 217, § 4; G.L. 1938, ch. 391, § 4; G.L. 1956, § 39-10-4; P.L. 1997, ch. 326, § 111.
Terms Used In Rhode Island General Laws 39-10-4
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
- 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