Can the attorney-in-fact of a power of attorney resign?
Full Question:
Can the attorney-in-fact of a power of attorney resign?
01/31/2007 |
Category: Power of Attorney |
State: Alabama |
#1061
Answer:
A power of attorney is simply an agency relationship based on an agreement authorizing one person, the agent, to act for another, the principal. An agent or attorney-in-fact may resign by giving notice to the principal (person that granted the power of attorney) and recording the notice wherever the power of attorney was recorded (such as the county land records).
