An Arkansas limited power of attorney permits someone to choose another to take care of a specific financial act or obligation on his or her behalf. The action can be anything from cashing a check to purchasing real estate. Most limited power of attorney documents becomes void after completion of the act or after a fixed time period. The power can be revoked at any time by the principal through the execution of a revocation form or the creation of an overriding limited power of attorney form.
Signing Requirements (A.C.A. § 28-68-105) – The limited power of attorney document must be signed before a notary public.
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