Legal Question in Business Law in Florida
I am the Power of Attorney for John Doe. A check made payable to John Doe was lost in mail. Bank wants signature of John Doe and Person who wrote check. Bank is refusing to allow me to use Power of Attorney without even looking at it and not allowing me to sign for John Doe. Can they legally do that?
Asked on 1/23/12, 12:03 pm
1 Answer from Attorneys
Sanford M. Martin
Sanford M. Martin, P.A.
Likely the bank has a standard agreement with John Doe that allows it to exercise
such restrictions in the event of a missing check. The writer of the check is most
important. A POA will authorize you to deposit or transfer the check, but first you
must locate the check or have it reissued.
Answered on 1/23/12, 12:44 pm
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