Source: https://code.dccouncil.us/dc/council/code/titles/21/chapters/21/
Timestamp: 2019-10-19 04:48:40
Document Index: 531081506

Matched Legal Cases: ['§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§ 21', '§\u200221', '§ 21', '§\u20022', '§\u200221', '§\u200221', '§\u20025', '§\u200221', '§\u20026', '§\u200221', '§\u20027', '§\u200221', '§\u20028', '§\u200221', '§\u20029', '§\u200221', '§\u200213', '§\u200221', '§\u200211', '§\u200221', '§\u200212', '§ 21', '§\u200221', '§\u200214', '§\u200221', '§\u200215', '§\u200221', '§\u20022032', '§\u20022032', '§\u200216', '§\u200221', '§\u200217', '§\u200221', '§\u200218']

D.C. Law Library - Chapter 21. Uniform General Power of Attorney.
§ 21–2105. Construction of power relating to tangible personal property transactions.
§ 21–2106. Construction of power relating to stock and bond transactions.
§ 21–2107. Construction of power relating to commodity and option transactions.
§ 21–2108. Construction of power relating to banking and other financial institution transactions.
§ 21–2109. Construction of power relating to business operating transactions.
§ 21–2110. Construction of power relating to insurance transactions.
§ 21–2111. Construction of power relating to estate, trust, and other beneficiary transactions.
§ 21–2115. Construction of power relating to retirement plan transactions.
§ 21–2116. Construction of power relating to tax matters.
§ 21–2117. Existing interests; foreign interests.
§ 21–2118. Uniformity of application and construction.
A power of attorney legally sufficient under this chapter is durable to the extent that durable powers are permitted by sections 21-2081 through 21-2085 , or other law of the District of Columbia and the power of attorney contains language such as “This power of attorney will continue to be effective if I become disabled, incapacitated, or incompetent,” showing the intent of the principal that the power granted may be exercised notwithstanding later disability, incapacity, or incompetency.
1981 Ed., § 21-2102.
Durable power of attorney generally, see § 21-2101 et seq.
Uniform Law: This section is based upon § 2 of the Uniform Statutory Form Power of Attorney Act.
1981 Ed., § 21-2104.
In a statutory power of attorney the language granting power with respect to tangible personal property transactions empowers the agent to:
(3) Release, assign, satisfy, or enforce by litigation or otherwise, a mortgage, security interest, encumbrance, lien, or other claim on behalf of the principal with respect to tangible personal property or an interest in tangible personal property; and
(A) Insuring against casualty, liability, or loss;
(B) Obtaining or regaining possession, or protecting the property or interest, by litigation or otherwise;
(D) Moving from place to place;
(E) Storing for hire or on a gratuitous bailment; and
(F) Using, altering, and making repairs or alterations.
1981 Ed., § 21-2105.
Uniform Law: This section is based upon § 5 of the Uniform Statutory Form Power of Attorney Act.
In a statutory power of attorney the language granting power with respect to stock and bond transactions empowers the agent to buy, sell, and exchange stocks, bonds, mutual funds, and all other types of securities and financial instruments, except commodity futures contracts, and call and put options on stocks and stock indexes, receive certificates, and other evidences of ownership with respect to securities, exercise voting rights with respect to securities in person or by proxy, enter into voting trusts, and consent to limitations on the right to vote.
1981 Ed., § 21-2106.
Uniform Law: This section is based upon § 6 of the Uniform Statutory Form Power of Attorney Act.
In a statutory power of attorney the language granting power with respect to commodity and option transactions empowers the agent to buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call and put options on stocks and stock indexes traded on a regulated option exchange, and establish, continue, modify, and terminate option accounts with a broker.
1981 Ed., § 21-2107.
Uniform Law: This section is based upon § 7 of the Uniform Statutory Form Power of Attorney Act.
1981 Ed., § 21-2108.
Uniform Law: This section is based upon § 8 of the Uniform Statutory Form Power of Attorney Act.
In a statutory power of attorney the language granting power with respect to business operating transactions empowers the agent to:
(A) Perform a duty or discharge a liability and exercise a right, power, privilege, or option that the principal has, may have, or claims to have, under a partnership agreement, whether or not the principal is a partner;
(B) Enforce the terms of a partnership agreement by litigation or otherwise; and
(C) Defend, submit to arbitration, settle, or compromise litigation to which the principal is a party because of membership in the partnership;
(A) Continue, modify, renegotiate, extend, and terminate a contract made with an individual or a legal entity, firm, association, or corporation by or on behalf of the principal with respect to the business before execution of the power of attorney;
(v) The mode of engaging, compensating, and dealing with its accountants, attorneys, and other agents and employees;
(D) Demand and receive money due or claimed by the principal or on the principal’s behalf in the operation of the business, and control and disburse the money in the operation of the business;
1981 Ed., § 21-2109.
Uniform Law: This section is based upon § 9 of the Uniform Statutory Form Power of Attorney Act.
1981 Ed., § 21-2110.
This section is based upon § 13 of the Uniform Statutory Form Power of Attorney Act.
In a statutory power of attorney the language granting power with respect to estate, trust, and other beneficiary transactions empowers the agent to act for the principal in all matters that affect a trust, probate estate, guardianship, conservatorship, escrow, custodianship, or other fund from which the principal is, may become, or claims to be entitled, as a beneficiary, to a share or payment, including to:
(6) Transfer an interest of the principal in stocks, bonds, accounts with financial institutions, insurance, and other property, to the trustee of a revocable trust created by the principal as settlor.
1981 Ed., § 21-2111.
Uniform Law: This section is based upon § 11 of the Uniform Statutory Form Power of Attorney Act.
In a statutory power of attorney the language with respect to claims and litigation empowers the agent to:
1981 Ed., § 21-2112.
Uniform Law: This section is based upon § 12 of the Uniform Statutory Form Power of Attorney Act.
(1) Execute vouchers in the name of the principal for allowances and reimbursements payable by the United States or a foreign government or by a state or subdivision of a state to the principal, including allowances and reimbursements for transportation of the individuals described in section 21-2113(1) [§ 21-2113(a)(1)], and for shipment of their household effects;
1981 Ed., § 21-2114.
Uniform Law: This section is based upon § 14 of the Uniform Statutory Form Power of Attorney Act.
In a statutory power of attorney the language granting power with respect to retirement plan transactions empowers the agent to:
1981 Ed., § 21-2115.
Uniform Law: This section is based upon § 15 of the Uniform Statutory Form Power of Attorney Act.
In a statutory power of attorney the language granting power with respect to tax matters empowers the agent to:
(1) Prepare, sign, and file federal, state, local, and foreign income, gift, payroll, Federal Insurance Contributions Act returns, and other tax returns, claims for refunds, requests for extension of time, petitions regarding tax matters, and any other tax-related documents, including receipts, offers, waivers, consents, including consents and agreements under Internal Revenue Code, section 2032A or any successor section, closing agreements, and any power of attorney required by the Internal Revenue Service or other taxing authority with respect to a tax year upon which the statute of limitations has not run and the following 25 tax years;
(4) Act for the principal in all tax matters for all periods before the Internal Revenue Service and any other taxing authority.
1981 Ed., § 21-2116.
Internal Revenue Code, § 2032A, referred to in (1), is 26 U.S.C. § 2032A.
Uniform Law: This section is based upon § 16 of the Uniform Statutory Form Power of Attorney Act.
The powers described in sections 21-2103 through 21-2116 are exercisable equally with respect to an interest the principal has when the power of attorney is executed or acquires later, whether or not the property is located in the District of Columbia, and whether or not the powers are exercised or the power of attorney is executed in the District of Columbia.
1981 Ed., § 21-2117.
Uniform Law: This section is based upon § 17 of the Uniform Statutory Form Power of Attorney Act.
1981 Ed., § 21-2118.
Uniform Law: This section is based upon § 18 of the Uniform Statutory Form Power of Attorney Act.