Virginia General (Financial) Power of Attorney Form

The Virginia General (Financial) Power of Attorney operates as a register to confirm the arrangement to endow specifically defined controls to a third party for a designated period. The form is designed to issue authorized action(s) to a nominated individual concerning defined financial holdings or legal proceedings.

Last updated September 19th, 2024

Laws

Statute – Uniform Power of Attorney Act (C.O.V § 64.2-1600 – § 64.2-1642)

Definition – “Power of attorney” means 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 (§ 64.2-1600).

Signing Requirements – The state of Virginia instructs all signing parties to endorse a notary accompaniment to affirm and authorize the finalization of the agreement (§ 64.2-1603).