HB929

HB929 defines "acknowledged" power of attorney in Virginia, clarifying reliance on such documents.

HB929 amends the Uniform Power of Attorney Act in Virginia to define "acknowledged" power of attorney. It specifies that an agent's actions can be relied upon unless the power of attorney is forged. The act also addresses situations where an agent may exceed their authority or improperly exercise their authority. It emphasizes that reliance on the power of attorney is permissible unless there is actual knowledge of forgery. The bill also outlines procedures for obtaining an agent's certification, English translations, or legal opinions related to the power of attorney.