Mississippi General (Financial) Power of Attorney Form
The Mississippi General Power of Attorney is a form that grants an Agent selected by the the Principal (the individual who brings about this agreement) certain decision making powers that will allow them to carry out one or many financial affairs as the Principal’s representative. The Principal must specify in the form which affairs they wish for the Agent to perform, and they may also provide any other instructions that would help the Agent fulfill their role. Before assuming the role, the Agent will need to understand and agree to the legal obligations it carries. One notable consideration is that they must agree to relinquish any powers granted to them if the Principal falls into a state of incapacity.
State Laws & Signing Requirements
State Laws – Powers and Letters of Attorney
Signing Requirements – Mississippi state law is silent on the issue of signing requirements for General Power of Attorneys. However, notarization of the Principal’s signature is strongly recommended. Alternatively, the Principal is recommended to have two (2) disinterested witnesses present at the time of signing the contract.