The second feature of the power of attorney is that it is especially urgent issue transaction. In the sense that any power of attorney must have a certain validity. Perpetual warrants do not exist! Maximum term of a warrant, in accordance with Part 1, Art. 186 Civil Code, which is three years. If you want to extend the powers of attorney, issued a new warrant. The term "three years" does not mean that he is acting as the saying goes, "according to default. " This, again, the maximum, which exceed the power of attorney can not.
If a proxy does not specify the expiration date, it remains valid for one year from the date of the transaction (Part 1 of Art. 186 Civil Code). Nevertheless, and here the legislator provides for one exception. It concerns the power of attorney certified by a notary public, intended to carry out actions abroad. If the text of an attorney is not specified expiration date, then it remains valid until its abolition person who issued warrant.
But in any case, the attorney must contain the date of the transaction, otherwise it will be negligible (paragraph 2 hours 1 tbsp. 186 Civil Code). A third feature is a power of attorney what is the document name. That is, the attorney must necessarily be given the person to whom it is issued and the person who issues a warrant. In this issue the warrant can not one but several persons if, say, they also act as one side of a contract.