eForms Logo

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.
5.0 Stars | 20 Ratings
Downloads: 317

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.