California general power of attorney is a legal form that confers the authority to act on financial matters from one person to another.
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Payment bond to be utilized for public works projects requiring an attorney general approved payment bond pursuant to california code of regulations title 11 section 25.
The party granting the authority is known as the principal and the person receiving the authority is known as the agent.
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The california general power of attorney form serves the same function as a general durable power of attorney form only the powers granted to the agent become voided if the person being represented becomes incapacitated mentally or physically.
Until such a point the agent will be able to handle the finances of the principal keeping the latter party s best interests in mind for the duration of the term.