New York Limited (Special) Power of Attorney Form
The New York Limited (Special) Power of Attorney is an agreement that defines in law the precise nature of an arrangement involving a Principal who requires an Agent to represent them only in a limited context. In most cases, this will entail the Agent performing a specific act/s for a specific period of time, after which the Power of Attorney will terminate. When carrying out their role, the Agent should be aware of the state law requirements they must uphold. For example, pursuant to § 5-1507, the Agent must disclose the Principal-Agent relationship whenever a hand-written signature of either their Agent or Principal is required.
State Laws & Signing Requirements
Signing Requirements (§ 5-1501B) – Various signing requirements are set out for a Limited Power of Attorney to be executed in NY. In addition to the Principal and Agent signing the form, and the form being acknowledged in a lawful manner, other requirements must be upheld. These have been clearly stated on the main New York POA resource page.