Subject to the terms of a document or an agreement governing an entity or an entity ownership interest, and unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to operation of an entity or business shall authorize the agent to:
History. Code 1981, § 10-6B-48 , enacted by Ga. L. 2017, p. 435, § 2-1/HB 221; Ga. L. 2018, p. 520, § 15/HB 897.
The 2018 amendment, effective July 1, 2018, deleted “and” at the end of paragraph (12); substituted “; and” for a period at the end of paragraph (13); and added paragraph (14).
Structure Georgia Code
Chapter 6B - Georgia Power of Attorney
Article 2 - Authority of Agent
§ 10-6B-40. Agent Authority That Requires Specific Grant; Granting of General Authority
§ 10-6B-41. References to General Authority in Powers of Attorney; Modifications
§ 10-6B-42. Construction of Authority of Agent Generally
§ 10-6B-44. Tangible Personal Property
§ 10-6B-46. Commodities and Options
§ 10-6B-47. Banks and Other Financial Institutions
§ 10-6B-48. Operation of Entity or Business
§ 10-6B-49. Insurance and Annuities
§ 10-6B-50. Estates, Trusts, and Other Beneficial Interests
§ 10-6B-51. Claims and Litigation
§ 10-6B-52. Personal and Family Maintenance
§ 10-6B-53. Benefits From Governmental Programs or Civil or Military Service