Limited Power of Attorney Form | Colorado
Updated on May 3rd, 2023
A Colorado limited power of attorney form allows a person to select someone else to handle a particular financial decision on their behalf and in their best interest. More often than not, the agreement will be terminated following the completion of the task to which the agent was assigned. Alternatively, the form might include an expiration date or require a revocation form to terminate the relationship between the two parties.
Laws
- Statute – § 15-14-704 (Uniform Power of Attorney Act)
- Signing Requirements (§ 15-14-705) – The signature of the principal is considered valid if acknowledge before a notary public.