Wyoming Limited (Special) Power of Attorney Form
The Wyoming Limited (Special) Power of Attorney is a form that does not allow for an Agent to act without restraint when carrying out their representative duties for a Principal. This is because the type of terms that are included in this contract are very specific and do not allow for much leeway from the Agent. A Principal could find a Limited Power of Attorney favorable if they are concerned about the Agent wielding the powers they bestow them in circumstances they do not want them to. Likewise, this agreement can be favorable for an Agent as well. For example, if the Agent only wishes to assist the Principal in a limited manner, its specificity will ensure they are not obligated to perform any actions beyond those both parties have agreed upon.
State Laws & Signing Requirements
State Laws – Uniform Power of Attorney Act
Signing Requirements (§ 3-9-105) – There are two fundamental criteria for assessing whether a Limited Power of Attorney meets state signing requirements:
- It is signed by the Principal (or by an individual they have delegated this task to), and
- The Principal acknowledged their signature before a Notary Public or another individual who has been granted the authority to acknowledge signatures.