the POA definition
Examples of the POA in a sentence
Notwithstanding the foregoing, we reserve the right to contact you as the principal under the POA, to verify your intent, prior to acting under the authority of the POA.
If we choose to accept the POA, you understand and agree that we may act under the terms of such POA and to the extent permitted by law, revocation of the POA will not become effective until we have received written notification thereof.
In accordance with the terms of the POA, the attorney-in-fact or agent you designate to act on your behalf will be authorized to transact business on your account(s) pursuant to the terms of such POA.
In accordance with the terms of the POA, the agent you designate to act on your behalf will be authorized to transact business on your account(s) pursuant to the terms of such POA.
We are not liable for any transactions by an agent for a deceased or incompetent account owner, unless we have written notice provided in accordance with applicable law that you, as the principal under the POA are deceased, have revoked the powers of the agent, or you are adjudicated totally or partially incapacitated by a court of competent jurisdiction, and we have had time to act on that notice.
We may accept the POA, but we reserve the right to refuse to accept the POA for any reason, unless applicable law limits our ability to refuse to accept a POA.
If you want anyone to conduct any transaction on your account using a power of attorney (“POA”), you must provide a copy of the POA to us at least 10 business days in advance.
If we accept a POA, we may continue to rely on it until we receive written notice that the POA is no longer effective and we have a reasonable time to act on it.
The Principal is responsible to provide us with any information if an affidavit presented to us is untrue or misleading or if the Agent exceeds the authority granted by the Principal in the POA.
If the Customer at any time wishes to revoke such a POA, to change the extent of the POA, or grant POA to a different person this shall also be informed to the Company in writing.