Colorado Statutory Durable Power of Attorney Form
The Colorado Statutory Durable Power of Attorney is a legal instrument that allows an individual (the Principal) to elect another individual or entity (the Agent) to make decisions on their behalf regarding their property and money. While the form must be drafted and executed when the Principal is of a legally sound mind, the “durable” nature of this form provides the Agent with the legal authority to continue their duties as per usual if the Principal should later enter into a state of incapacity. State law allows for more than one Agent to be named if the Principal so desires.
State Laws & Signing Requirements
State Laws – Uniform Power of Attorney Act
Signing Requirements (§ 15-14-705) – It is vital that the Principal’s signature is acknowledged by a Notary Public or other individual authorized by law to take acknowledgments. Failure to do so will result in the form being considered legally invalid.