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Poa

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P

pamela82

Junior Member
What is the name of your state (only U.S. law)? Indiana, How many POA's can one person have? What if they decide to revoke POA from someone , how do they go about this?
 


A

anteater

Senior Member
A person can grant power of attorney to as many persons as he/she wishes.

What if they decide to revoke POA from someone , how do they go about this?
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According to IN statute:
IC 30-5-10-1
Revocation of power; record
Sec. 1. (a) Except as otherwise stated in the power of attorney, an executed power of attorney may be revoked only by a written instrument of revocation that:
(1) identifies the power of attorney revoked; and
(2) is signed by the principal.
(b) A revocation under subsection (a) is not effective unless the attorney in fact or other person has actual knowledge of the revocation.
(c) If an executed power of attorney was recorded under IC 30-5-3-3, the revocation of the power of attorney must:
(1) be recorded; and
(2) reference the book and page or instrument number where the instrument creating the power of attorney is recorded.
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And it would be a good idea to provide a copy of the revocation to all the institutions where the former agent was likely to use the power.
 
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