A Rhode Island limited power of attorney is a legal form that grants specific powers to the agent of a principal (person executing the document). A limited POA, or LPOA, is commonly used to assign financial duties to an agent when the principal is unavailable or believes the agent is more capable of completing these tasks. Some examples of these duties would be handling investments, executing documents, and attending appointments or meetings. A limited power of attorney is not durable; it terminates either when the tasks are completed, upon the termination date established on the form, or upon the principal signing a revocation document.
Signing Requirements (§ 18-16-2(b)) – Notary Public