49-1547 General Power for Chattels and Goods, defined.
49-1547. General Power for Chattels and Goods, defined.The short form expression, General Power for Chattels and Goods, shall mean that the principal, in connection with or with respect to ownership or possession of any claim to or interest in any chattels, goods, or other tangible personalty, 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 Acquisitions, 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 Dispositions, Specific Authority for Documents, Specific Authority for Encumbrances, Specific Authority for Improvements, Specific Authority for Investments, Specific Authority for Maintenance, Specific Authority for Proceeds, 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 acquire, hold, or dispose of ownership or possession of any claim to or interest in any tangible personalty in concurrent, joint, sole, successive, or other form or mode, and otherwise generally to act or decide as to any chattels or goods 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, § 47.