In life, there are often situations where timeto get documents, money or perform other actions, is sorely lacking. In such cases, on the basis of a power of attorney, other people can solve the necessary questions for you. A power of attorney for receiving money or other valuables is a document that is issued by a citizen to another person to receive a certain amount of money or property from the organization, institution or individual.
Features of the procedure
The procedure for issuing a power of attorney to receivefunds is stipulated in the Civil Code. Both individuals and organizations can be trustors. It should be noted that the form of the document must be written. As a general rule, the power of attorney to receive money must be certified by a notary office. The validity of such a document can not be more than 36 months. If the term of its termination is not specified, it will be considered valid for the year. If the power of attorney does not specify the date of its conclusion, then such a document is considered invalid.
If the representative needs to withdraw the deposit orother funds in any financial institution, the power of attorney in the bank can be assured by the employees of the banking institution. This action is free. If the amount of money or correspondence is to be received in the communication organizations, the power of attorney can be issued directly on the spot without first contacting the notary public.
Execution of power of attorney
A power of attorney for receiving money or other valuables must contain such information:
- Information about the representative and the client (name,official and actual place of residence, requisites of the passport). If the power of attorney is issued by a legal entity, then data on state registration are given, as well as the location of the governing body, taxpayer's number, etc.
- Settlement, where the power of attorney and date is.
- List of authorities that a representative will have.
- The period that is required to fulfill the assignment.
- If the principal is an organization, you need to put a seal.
- Other information.
Types of powers of attorney
The following types of such document are indicated in the Civil Code:
- One-time power of attorney (execution of one action only once);
- special assignment (the representative of the same type of operations for a certain time);
- General power of attorney (gives the authority to dispose of all the property of the principal or fully conduct the affairs of the company, if it is a legal entity).
In addition to species, there are also two forms of the form of the power of attorney: simple written (in printed version or written by hand) and notarized.
Termination of power of attorney
The power of attorney to receive money (documents, property, etc.) may cease to be valid if:
- Deadlines.
- Refusal of a trustee to exercise his powers.
- Death of the principal or attorney.
- The cancellation of the power of attorney by the decision of the person who issued it.
- In some other cases.
