Free South Dakota General (Financial) Power of Attorney Form | PDF | Word

South Dakota General (Financial) Power of Attorney Form

The South Dakota General (Financial) Power of Attorney catalogs the legal confirmation that issues a narrow selection of permissions concerning financial assets from one person to another. This contract allows the bestowing party, or “principal”, to permit a designated person control that will expire upon an indicated termination date or the possible incapacity of the declarant.

Last updated September 19th, 2024

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Statute – South Dakota Uniform Power of Attorney Act ( § 59-12-1 – § 59-12-43)

Definition – “Power of attorney,” a writing or other record that grants authority to an agent to act in the place of the principal, whether or not the term, power of attorney, is used (§ 59-12-1(7)).

Signing Requirements – The state of South Dakota regulatory code mandates that a licensed notary corroborate the event of endorsement to validate its origination (§ 59-12-4).