Limited Power of Attorney - Rhode Island

LIMITED POWER OF ATTORNEY (RHODE ISLAND)

Before you use this: Complete the single transaction, each authorized act, the asset, and the end date. This is a custom limited power under R.I. Gen. Laws § 18-16-2(c), not the broad statutory short form in § 18-16-2(a). It excludes real estate, gifts, and changes to an estate plan. Use a separate, reviewed instrument for those matters.

1. Appointment

I, [PRINCIPAL FULL LEGAL NAME], of [PRINCIPAL ADDRESS], appoint [AGENT FULL LEGAL NAME], of [AGENT ADDRESS], as my agent solely for the transaction stated below. The agent may act in my name only within the express limits of this document.

2. Transaction and permitted acts

Single transaction and counterparty: [DESCRIBE THE TRANSACTION AND OTHER PARTY]

Identified personal property, account, or other non-real-estate asset: [IDENTIFY EXACTLY]

Documents the agent may sign and acts the agent may perform: [LIST EACH DOCUMENT AND ACT]

Maximum payment, receipt, or commitment: $[AMOUNT]

Other conditions: [STATE CONDITIONS / NONE]

The agent may request and receive information from the identified counterparty only as needed to complete the listed acts. An uncompleted act or asset field grants no authority. A recipient may require its own form or verification before accepting this power.

3. Express limits

The agent may not sell, mortgage, lease, or otherwise deal with real estate; make gifts; transfer property for less than fair value; transfer property to the agent; create or alter a trust, beneficiary designation, survivorship right, or will; delegate this appointment; or make health-care decisions. The agent may not use my property for the agent's own benefit. No general authority over my other assets or affairs is granted.

4. Term and revocation

This power begins when I sign it. It ends upon completion of the described transaction or at [TIME] on [EXPIRATION DATE], whichever occurs first. I may revoke it sooner by a signed writing delivered to the agent. The agent shall stop acting when informed that this power has ended or been revoked.

This instrument does not itself revoke an earlier power of attorney. If I intend to revoke one, I will identify it in a separate signed notice to its agent and affected recipients.

5. Agent's conduct and records

The agent shall act in good faith, follow my lawful instructions, stay within the listed acts and limits, keep my property separate from the agent's property, and give me a record of all transactions under this power on request. The agent may receive reimbursement for documented expenses. The agent receives no other compensation unless I write it here: [COMPENSATION TERMS / NONE].

6. Principal's signature

I sign this limited power of attorney on [__/__/____] at [CITY, STATE].

Principal's signature: ____________________________________

Printed name: [PRINCIPAL FULL LEGAL NAME]

7. Acknowledgment

State of [STATE], County of [COUNTY]. On [__/__/____], [PRINCIPAL FULL LEGAL NAME] personally appeared before me, was known to me to be the person executing this instrument, and acknowledged it as the Principal's free act and deed.

Notarial officer's signature: ____________________________________

Printed name and title: [________________________________]

Commission expires: [__/__/____] Official stamp or seal: [SEAL]

8. Agent's acceptance

I accept this appointment and will act only within the authority and limits written above.

Agent's signature: ____________________________________ Date: [__/__/____]

Sources and References

• Rhode Island General Assembly, R.I. Gen. Laws § 18-16-2.
• Rhode Island General Assembly, R.I. Gen. Laws § 34-12-1.