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
336-768-1515
Will Caveats & Fiduciary Abuses/ Condemnation Cases / Business drafting, Litigation & Collections
[tag: power of attorney abuse NC]