A Georgia power of attorney revocation nullifies the authority previously granted to an agent, preventing them from making decisions or taking actions on behalf of the principal. While the revocation form officially terminates the document, effectiveness hinges on notifying relevant parties.
The agent named in the original power of attorney (POA) needs a copy to acknowledge their authority’s end, and financial institutions or other entities that relied on the POA are shielded from liability for actions taken in good faith before receiving notice.
Definitions – § 10-6B-10.
Signing Requirements – § 10-6B-5 – One witness and notary public (as set forth in § 44-2-15).
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A POA in Georgia terminates under various circumstances, ending the agent’s authority to act on the principal’s behalf:
Actions taken by the agent in good faith and without knowledge of the POA’s termination remain valid and binding on the principal, even after termination. Filing a formal revocation notice with the court serves as a documented record for the agent and interested parties.
Signing Requirements: Notary public and one witness.
Signing Requirements: Notary public.
Signing Requirements: Two witnesses.
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