The Types of POAs
- Distinctive Notary (Source: Practical Guide for
- Aug 22, 2015
- 1 min read
Ther are four basic types of POAs that cover different situations:
A general POA authorizes the agent to transact all business of the principal.
A limited POA is limited regarding what it may be used for and/or how long it is in effect.
A secure POA contains secuirty features and is used only by a registered Pennsylvania motor vehicle dealer or by a PennDOT approved insurance company in a motor vehicle transaction.
A springing POA is used most often for medical reasons.
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