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Terms Used In Michigan Laws 556.302

  • Agent: means a person granted authority to act for a principal under a power of attorney, whether denominated an agent, attorney-in-fact, or otherwise. See Michigan Laws 556.202
  • power: means a power of attorney. See Michigan Laws 556.202
  • Principal: means an individual who grants authority to an agent in a power of attorney. See Michigan Laws 556.202
    (1) An agent has authority described in this article if the power of attorney does either of the following:
    (a) Cites the section in which the authority is described.
    (b) Refers to a heading or catchline added to section 204 to 217 under section 108 of the legislative council act, 1986 PA 268, MCL 4.1108.
    (2) A power of attorney that incorporates by reference any section of section 204 to 217 under subsection (1) incorporates the entire section as if that section were set out in full in the power.
    (3) A principal may modify authority incorporated by reference.