Re: Using Power of Attorney for Insurance Check - Posted by JPiper
Posted by JPiper on January 15, 2000 at 04:30:04:
I had occasion to cash a check using a limited power of attorney not too long ago. Not knowing exactly how to endorse the check…I called the bank.
The bank hooked me up with a guy who suggested that I come in a show him my paperwork. So I did that. At the completion of this, he suggested that I just sign the seller’s signature and deposit the check…which I did. I laughed to myself at the time, wondering why I had felt the desire to have a power of attorney if the teller was not going to look at the check, or the power of attorney, but was simply going to deposit the check.
Personally, I think the check should be signed by you, as attorney in fact for XYZ Seller. But rather than to accept my opinion, I would do as I did…call the bank. Chances are they will look at your power of attorney, and then tell you what they want you to do.