New Power of Attorney laws went into effect on January 1, 2018. These will help prevent misappropriation of principal’s funds by the agent (the “POA”).
For more information on the legislations, here’s an article by the NC School of Government:
https://civil.sog.unc.edu/judicial-relief-under-the-new-gs-chapter-32a-the-north-carolina-uniform-power-of-attorney-act/
W. Kirk Sanders, Attorney
Hendrick Bryant Nerhood Sanders & Otis, LLP
723 Coliseum Dr. Ste. 101
Winston-Salem, NC 27106
Telephone: (336)723-7200
Facsimile: (336)723-7201
http://www.hendricklawfirm.com/
Will Caveats & Fiduciary Abuses/ Condemnation Cases / Business drafting, Litigation & Collections
[tag power of attorney abuse nc]