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202105213
<br />Receive for the Principal and act upon a sight draft, warehouse receipt, or other document of title
<br />whether tangible or electronic, or other negotiable or nonnegotiable instrument;
<br />Apply for, receive, and use letters of credit, credit and debit cards, electronic transaction
<br />authorizations, and traveler's checks from a financial institution and give an indemnity or other
<br />agreement in connection with letters of credit; and
<br />Consent to an extension of the time of payment with respect to commercial paper or a financial
<br />trnsaction with a financial institution.
<br />BUSINESS INTEREST - In regards to business-related activities, the Principal
<br />authorizes the Agent to:
<br />Operate, buy, sell, enlarge, reduce, or terminate an ownership interest;
<br />Perform a duty or discharge a liability and exercise in person or by proxy a right, power, privilege,
<br />or option that the Principal has, may have, or claims to have;
<br />Enforce the terms of an ownership agreement;
<br />Initiate, participate in, submit to alternative dispute resolution, settle, oppose, or propose or accept a
<br />compromise with respect to litigation to which the Principal is a party because of an ownership
<br />interest;
<br />Exercise in person or by proxy, or enforce by litigation or otherwise, a right, power, privilege, or
<br />option the Principal has or claims to have as the holder of stocks and bonds;
<br />Initiate, participate in, submit to alternative dispute resolution, settle, oppose, or propose or accept a
<br />compromise with respect to litigation to which the Principal is a party concerning stocks and bonds;
<br />With respect to an entity or business owned solely by the Principal:
<br />i. Continue, modify, renegotiate, extend, and terminate a contract made by or on behalf of
<br />the Principal with respect to the entity or business before execution of the power of attorney;
<br />ii. determine:
<br />a. The location of its operation;
<br />b. The nature and extent of its business;
<br />c. The methods of manufacturing, selling, merchandising, financing, accounting, and
<br />advertising employed in its operation;
<br />d. The amount and types of insurance carried; and
<br />e. The mode of engaging, compensating, and dealing with its employees and
<br />accountants, attorneys, or other advisors;
<br />Change the name or form of organization under which the entity or business is operated and enter
<br />into an ownership agreement with other persons to take over all or part of the operation of the entity
<br />or business; and
<br />Demand and receive money due or claimed by the Principal or on the Principal's behalf in the
<br />operation of the entity or business and control and disburse the money in the operation of the entity
<br />or business;
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