Colorado Limited Power of Attorney Form
A Colorado limited power of attorney is a form that allows a Colorado resident to appoint someone they personally know and trust (called the “agent”) to handle one or more responsibilities in their absence. The person completing the form is known as the “principal” in both the contract and state law. Once completed, the tasks assigned in the power of attorney must be carried out by the agent exactly as written. As soon as these responsibilities are fulfilled, the form no longer holds power.
A limited power of attorney is not long-lasting because it is used for one-time, special tasks. Its duration is much shorter than a general or medical power of attorney. It is not considered durable as it ends if the principal is unable to make decisions for themselves or passes away (§ 15-14-710).
The principal can also choose to make the power of attorney time-bound by setting an expiration date. By doing so, the agent must complete their tasks before this time. They can also revoke the agent’s power altogether by completing a Colorado revocation form.
Signing Requirements (§ 15-14-705): In order to be valid, the POA must be signed by 1) the principal, and 2) a notary public.