N.Y. General Obligations Law § 5-1507: Signature of agent

§ 5-1507. Signature of agent. 1. (a) In any transaction where the

agent is acting pursuant to a power of attorney and where the

hand-written signature of the agent or principal is required, the agent

shall disclose the principal and agent relationship by:

(1) signing "(name of agent) as agent for (name of principal)"; or

(2) signing "(name of principal) by (name of agent), as agent"; or

(3) any similar written disclosure of the principal and agent

relationship.

(b) A third party shall incur no liability for accepting a signature

that does not meet the requirements of this subdivision.

2. When the agent engages in a transaction on behalf of the principal,

the agent is attesting that:

(a) the agent has actual authority to engage in the transaction;

(b) the agent does not have, at the time of the transaction, actual

notice of the termination or revocation of the power of attorney, or

notice of any facts indicating that the power of attorney has been

terminated or revoked;

(c) if the power of attorney is one which terminates upon the

principal's incapacity, the agent does not have, at the time of the

transaction actual notice of the principal's incapacity, or notice of

any facts indicating the principal's incapacity.

(d) the agent does not have, at the time of the transaction, actual

notice that the power of attorney has been modified in any way that

would affect the ability of the agent to engage in the transaction, or

notice of any facts indicating that the power of attorney has been so

modified.

3. The attestation of the agent pursuant to subdivision two of this

section is not effective as to any third party who had actual notice

that the power of attorney had terminated or been revoked prior to the

transaction.