All Templates
Buy shares
⚖️ Power of attorney
Standard Ordinary Power Of Attorney For Buyer Of Shares (poa)
Standard Ordinary Power Of Attorney For Buyer Of Shares (poa)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
⚖️ Power of attorneyBusiness activity
Buy sharesA power of attorney is a legal document that gives someone else the authority to act on your behalf in financial or legal matters. This can include signing documents, accessing bank accounts, or making decisions about your property. A power of attorney can be used in limited situations or for a specific task, or it can be used more broadly to give someone else general authority over your affairs.
This legal template, titled "Standard Ordinary Power of Attorney for Buyer of Shares (POA) under UK Law," is a document that outlines the powers granted to an appointed individual by a buyer of shares in the UK. The template is designed for individuals engaging in stock transactions who wish to authorize another person to act as their representative on their behalf in specific share-related matters.
The document begins by providing an introduction to the Power of Attorney (POA) concept, explaining its significance, and outlining the specific context in which it is being used, i.e., the buying and selling of shares in the UK. It then proceeds to define the various roles and parties involved, such as the buyer of shares (grantor) and the appointed representative (attorney-in-fact).
The template further describes the scope of powers that the buyer of shares intends to grant to the appointed representative. These enumerated powers may include, but are not limited to: executing stock purchase agreements, attending shareholder meetings, voting on behalf of the grantor, conducting research pertaining to investments, managing shares on electronic platforms, or any specific power relevant to the share-buying process.
Moreover, the legal template ensures that all parties involved comprehend the terms and conditions under which the power of attorney is granted, including any limitations or restrictions. It emphasizes the buyer's authority to revoke or amend the powers provided, the fiduciary responsibilities of the attorney-in-fact, and the requirement to act in the best interests of the grantor when making decisions related to share transactions.
Throughout the template, provisions are included to comply with the legal requirements of UK law. This includes referencing applicable statutes, such as the Powers of Attorney Act, 1971, or any subsequent relevant legislation.
By utilizing this legal template, both the buyer of shares and their appointed representative can establish a clear and legally binding agreement that outlines the powers, duties, and limitations within the realms of share trading. This template ensures that the power of attorney is tailored to adhere to UK legislation, providing a standardized and reliable mechanism for individuals engaged in UK share transactions to delegate authority.
The document begins by providing an introduction to the Power of Attorney (POA) concept, explaining its significance, and outlining the specific context in which it is being used, i.e., the buying and selling of shares in the UK. It then proceeds to define the various roles and parties involved, such as the buyer of shares (grantor) and the appointed representative (attorney-in-fact).
The template further describes the scope of powers that the buyer of shares intends to grant to the appointed representative. These enumerated powers may include, but are not limited to: executing stock purchase agreements, attending shareholder meetings, voting on behalf of the grantor, conducting research pertaining to investments, managing shares on electronic platforms, or any specific power relevant to the share-buying process.
Moreover, the legal template ensures that all parties involved comprehend the terms and conditions under which the power of attorney is granted, including any limitations or restrictions. It emphasizes the buyer's authority to revoke or amend the powers provided, the fiduciary responsibilities of the attorney-in-fact, and the requirement to act in the best interests of the grantor when making decisions related to share transactions.
Throughout the template, provisions are included to comply with the legal requirements of UK law. This includes referencing applicable statutes, such as the Powers of Attorney Act, 1971, or any subsequent relevant legislation.
By utilizing this legal template, both the buyer of shares and their appointed representative can establish a clear and legally binding agreement that outlines the powers, duties, and limitations within the realms of share trading. This template ensures that the power of attorney is tailored to adhere to UK legislation, providing a standardized and reliable mechanism for individuals engaged in UK share transactions to delegate authority.
How it works
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Section 21 Landlord's Notice Requiring Possession (Prescribed Form)
The legal template labeled "Section 21 Landlord's Notice Requiring Possession (Prescribed Form) under UK law" is a document that outlines the requirements and guidelines for a landlord to give notice to their tenants requesting possession of the rental property in compliance with Section 21 of UK housing law.
This template serves as a prescribed form that must be followed strictly as per the legal regulations governing the eviction process. It ensures proper notice is given to the tenant, notifying them of the landlord's intent to regain possession of the rental property. Section 21 notices are typically served when a landlord wants to end a tenancy and repossess the property without providing any specific reason, commonly known as a "no-fault eviction."
The template is likely to include essential information such as the landlord's details, tenant's information, the rental property address, and the date the notice is served. It will also incorporate specific instructions and requirements that the notice must fulfill, including the necessary amount of notice period, typically two months, as well as specific legal wording and language.
Utilizing this template ensures that the notice is in compliance with the prescribed form, protecting the landlord's legal rights and safeguarding against potential disputes or legal challenges from the tenant. It provides a standardized means for landlords to effectively communicate their intent to regain possession, facilitating a smooth and lawful process for both parties involved.
This template serves as a prescribed form that must be followed strictly as per the legal regulations governing the eviction process. It ensures proper notice is given to the tenant, notifying them of the landlord's intent to regain possession of the rental property. Section 21 notices are typically served when a landlord wants to end a tenancy and repossess the property without providing any specific reason, commonly known as a "no-fault eviction."
The template is likely to include essential information such as the landlord's details, tenant's information, the rental property address, and the date the notice is served. It will also incorporate specific instructions and requirements that the notice must fulfill, including the necessary amount of notice period, typically two months, as well as specific legal wording and language.
Utilizing this template ensures that the notice is in compliance with the prescribed form, protecting the landlord's legal rights and safeguarding against potential disputes or legal challenges from the tenant. It provides a standardized means for landlords to effectively communicate their intent to regain possession, facilitating a smooth and lawful process for both parties involved.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
3
RATINGS
2
DISCUSSIONS
0
Section 314 Members' Requisition For Circulation Of Statement (Regarding Issues To Review At General Meeting)
Section 314 Members' Requisition for Circulation of Statement (Regarding Issues to Review at General Meeting) is a legal template that outlines the procedure for members of a company to request the circulation of a written statement to all shareholders prior to a general meeting. This template is applicable under UK law and provides a structured format for members to raise specific concerns or propose resolutions that they believe should be discussed and voted upon during the general meeting.
The template typically includes provisions that specify the requirements for making a valid requisition, such as the minimum number of members needed to support the request, the form and content of the proposed statement, and the timeline for submitting the requisition to the company's board of directors.
By utilizing this legal template, members can exercise their rights to communicate their opinions and proposals to all shareholders in advance of the general meeting, thus ensuring that the issues they consider significant are given due consideration. This template promotes transparency, accountability, and shareholder participation in the decision-making process, helping foster a democratic corporate environment. Moreover, it aids in providing clarity to the company's management and stakeholders regarding the concerns or proposals that require deliberation during the upcoming meeting.
It is important to note that this legal template is not a standalone document but rather a framework that must be customized to align with the specific circumstances and requirements of the company. Consulting legal professionals familiar with UK corporate law is highly recommended to ensure compliance and the fulfilment of the shareholders' rights.
The template typically includes provisions that specify the requirements for making a valid requisition, such as the minimum number of members needed to support the request, the form and content of the proposed statement, and the timeline for submitting the requisition to the company's board of directors.
By utilizing this legal template, members can exercise their rights to communicate their opinions and proposals to all shareholders in advance of the general meeting, thus ensuring that the issues they consider significant are given due consideration. This template promotes transparency, accountability, and shareholder participation in the decision-making process, helping foster a democratic corporate environment. Moreover, it aids in providing clarity to the company's management and stakeholders regarding the concerns or proposals that require deliberation during the upcoming meeting.
It is important to note that this legal template is not a standalone document but rather a framework that must be customized to align with the specific circumstances and requirements of the company. Consulting legal professionals familiar with UK corporate law is highly recommended to ensure compliance and the fulfilment of the shareholders' rights.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
10
RATINGS
4
DISCUSSIONS
0
Section 338 Members' Requisition Of Public Company For Resolution To Be Moved At AGM
The legal template titled "Section 338 Members' Requisition Of Public Company For Resolution To Be Moved At AGM under UK law" outlines the process and requirements for shareholders of a public company in the United Kingdom to initiate a resolution to be addressed at the Annual General Meeting (AGM).
In the context of company law, shareholders hold certain rights and powers, and this template specifically focuses on the provision outlined in Section 338 of the UK Companies Act. Section 338 enables members (shareholders) of a public company to exercise their right to requisition a resolution in order to address matters they deem important or necessary for discussion and decision during an AGM.
The template likely contains essential components such as the requisitioning process, deadlines, criteria for members' eligibility, and the specific information that needs to be included in the requisition notice. It may also address the formalities and procedures that need to be followed for submitting the requisition to the company's directors or company secretary.
Additionally, the template could outline the steps that the company and its directors need to take upon receiving a valid requisition, including notification to all shareholders, inclusion of the resolution in the AGM agenda, and any other procedures to ensure compliance with legal requirements.
Overall, this legal template serves as a guide for shareholders to exercise their right to requisition a resolution at the AGM, ensuring transparency, effective corporate governance, and shareholder engagement within the framework of UK company law.
In the context of company law, shareholders hold certain rights and powers, and this template specifically focuses on the provision outlined in Section 338 of the UK Companies Act. Section 338 enables members (shareholders) of a public company to exercise their right to requisition a resolution in order to address matters they deem important or necessary for discussion and decision during an AGM.
The template likely contains essential components such as the requisitioning process, deadlines, criteria for members' eligibility, and the specific information that needs to be included in the requisition notice. It may also address the formalities and procedures that need to be followed for submitting the requisition to the company's directors or company secretary.
Additionally, the template could outline the steps that the company and its directors need to take upon receiving a valid requisition, including notification to all shareholders, inclusion of the resolution in the AGM agenda, and any other procedures to ensure compliance with legal requirements.
Overall, this legal template serves as a guide for shareholders to exercise their right to requisition a resolution at the AGM, ensuring transparency, effective corporate governance, and shareholder engagement within the framework of UK company law.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
8
RATINGS
5
DISCUSSIONS
0
