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Louisiana General (Financial) Power of Attorney

A Louisiana general (financial) power of attorney allows an individual (the principal) to assign powers to an attorney-in-fact (the agent) that they will use to act on the principal's behalf. It becomes void if the principal becomes incapacitated or is otherwise unable to manage their own affairs.
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Updated June 17, 2024

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Laws

  • Statutes – Mandate (§§ 2989 — 3034)
  • Authority (La. Civ. Code art. 2994) – An agent under a power of attorney may act on behalf of the principal and exercise broad authority as granted by the agreement.
  • Signing Requirements (La. Civ. Code art. 2993) – Only the principal must sign the document in order to execute it properly. However, the form should be notarized and/or witnessed to establish its validity.