Limited Power of Attorney for Stock Transactions and Corporate Powers - Nebraska 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling in your name and address at the top of the form. Ensure that all details are accurate, as this information identifies you as the principal.
  3. Next, appoint your Attorney-in-Fact by entering their name and county. This person will have the authority to act on your behalf regarding stock transactions.
  4. Specify the corporation's name where you hold shares. This section is crucial as it defines the scope of authority granted to your Attorney-in-Fact.
  5. Indicate whether this power of attorney is Non-Durable or Durable. A Durable designation means it remains effective even if you become incapacitated.
  6. Sign and date the document at the bottom, ensuring that witnesses also sign and provide their details as required by Nebraska law.

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The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.
A Company Power of Attorney (PoA), also called a Corporate Power of Attorney, is a legal document that grants a business the ability to authorize an individual or entity to act on its behalf. This authority can cover signing contracts, managing finances, handling legal matters, and making key business decisions.
A power of attorney under the Nebraska Uniform Power of Attorney Act is not valid unless it is acknowledged before a notary public or other individual authorized by law to take acknowledgments.
A general partner or managing member, if authorized by state law, can also execute and sign a POA on behalf of the partnership or LLC. A limited partner or member who is not a manager cannot act for the entity, and may only execute a POA in the partners or members individual capacity.
The POA cannot use the Principals assets or money as their own. The POA cannot take compensation beyond what is outlined within the POA agreement.
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