49-1556 General Power for Records, Reports, and Statements, defined.
49-1556. General Power for Records, Reports, and Statements, defined.The short form expression, General Power for Records, Reports, and Statements, shall mean that the principal, in connection with and with respect to any record, report, statement, or other document, whether or not any of them is specifically described or named, generally authorizes and empowers the agent to have and to exercise collectively or singly and concurrently or consecutively any one or more in combination or otherwise of each of Specific Authority for Ancillary Matters, Specific Authority for Assistants, Specific Authority for Claims, Specific Authority for Compensation, Specific Authority for Contracts, Specific Authority for Disclosure, Names, and Signatures, Specific Authority for Documents, Specific Authority for Reimbursements, Specific Authority for Reports, Specific Authority for Taxes, and Specific Authority for Trusts, and that the principal also generally authorizes and empowers the agent to destroy, make, preserve, or store any printed or other recorded material, to execute, file, prepare, record, report, or submit any application, form, letter, return, or other document permitted or required under any circumstances, to keep, maintain records of, and record all cash disbursements and receipts, all credits and debits, and all other transactions affecting assets, liabilities, and net equity or worth of any person or persons, to procure and substantiate the preparation of any printed or other recorded material, to maintain or procure the maintenance of books of account and financial records, and otherwise generally to act or decide as to any record, report, statement, or other documentation or related circumstance, condition, interest, matter, property, question, or transaction as the principal might do or omit to do in person and while competent. SourceLaws 1988, LB 475, § 56.