Power of Attorney, Statutory
Pennsylvania law provides simplified language for specific individual powers
that may be used in a power of
attorney to grant all the associated authority outlined by the law. A
power of attorney that uses only these simple phrases is known as a
"statutory power of attorney."
For Example:
If a power of attorney gives the agent the "power to enter safe deposit
boxes" by using that phrase, the agent actually has the power to:
"enter any safe deposit box in the name of the principal; add to or remove
the contents of such box, open and close safe deposit boxes in the name of
the principal; however, the agent shall not deposit or keep in any safe
deposit box of the principal any property in which the agent has a personal
interest."
As shown, this permits brevity of language without restricting the agent's
authority over any particular matter that is mentioned by the statute.
See: Powers, Scope;
Power of Attorney, Revoking;
Power of Attorney, Delivery
