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Ensure that the broker is not a designated agent for an LLC or DBA. Designated brokers are registered with the nation during the time that the company is open.
Georgia Power of Attorney enables agents to act on behalf or in place of a leader. Principals can be individuals, corporations, LLC's, or a partnership. This service is commonly referred to as'pre-screening.' The agent receives a valid authorization to act on behalf of their principal. As an addendum to the Georgia Rules of Professional Conduct, an agent must:
Ensure that the Georgia Power of Attorney isn't used for a purpose that's unsuitable. For instance, a individual might open a brokerage or accounting practice in the title of the principal without obtaining a state license. A business can be operated through an unincorporated limited liability company name. In cases like this, the agent is actually working for the LLC and not the main. If the principal becomes bankrupt, the agent might no longer be authorized to act on his or her behalf.
The broker needs to ensure that the principal maintains effective communication with her or him. It is important that the main receive timely notifications of vaccinations, and notifications should reach the lawyer at least 15 days prior to the filing. If a principal doesn't react timely to communications by the attorney, the Power of Attorney may be revoked.