DIY Legal Forms

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Agreement Of Power To Manage A Business

_______________ (Name) is hereby given the authority to take charge of the business of the undersigned, ___________________, which is located at _________________, as __________________ (General Manager or Other). In managing the business, the General Manager has the authority to:

1. Buy and sell all articles and property that are used in connection with the business;

2. Sign any and all checks, notes, drafts, bills, commercial paper and documents related to the business;

3. State accounts and prosecute, collect, or settle all claims due, that exist or may arise in connection with the business;

4. To buy, sell, pledge or mortgage any notes, bonds, leases, contracts, security agreements and mortgages that are connected with the business; and

5. Do all other acts of management that are in connection with running the business.