What do you do when you sign on behalf of someone?
What do you do when you sign on behalf of someone?
This term is taken from the Latin word procurare meaning “to take care of.” Now, when signing on someone else’s behalf, the signature is preceded by p.p. standing for per procurationem. The p.p. is a signal to the reader that someone signed the letter on behalf of another.
How do you sign a letter on behalf of someone else example?
As an example, if the name of the person you are signing for is Joe Jackson and your name is Blake Smith, you would write “Joe Jackson by Blake Smith, power of attorney.” In some cases, you will need to attach the forms that show you have the power of attorney designation.
Who can be a signatory?
A signatory is someone who signs a document and is subject to it. The co-signer for a loan is one type of signatory. A signatory is someone who signs a contract, therefore creating a legal obligation. There could be several signatories for a specific contract.
Who can be authorized signatory?
An authorized signatory is defined as an individual or entity that has the power of signing on behalf of the legal entity. As part of Know Your Customer (KYC) Trustlabs will need to identify all individuals who are authorized to act on behalf of the legal entity.
What is authorized signatory list?
An authorized signatory is defined as a director of the issuer or another person who has been authorized to sign documents and has notified the trustee that they’ve been given the power to do so. A representative or officer is normally given the power to sign the organization to an agreement that’s binding.
What does an authorized signatory mean?
Simply put, an authorized signatory or signer is a person who’s been given the right to sign documents on behalf of the authorizing organisation. However, the term’s meaning and interpretation seem to vary significantly across different jurisdictions and industries.
Who can sign for and on behalf of a company?
In most cases the directors will have authority to bind the company in contract but it is not always so clear-cut. Contracts can be signed on behalf of a company by a person acting under the company’s express, implied or apparent authority.
