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.
Signing requirements (§ 5-1501B) – The principal’s signature must be notarized.