Series 52: Power Of Attorney

Taken from our MSRB Municipal Securities Representative Qualification Examination

Definition of the term Power Of Attorney...

the authorization by one party (the "grantor" or "principal") to another (the "agent" or "attorney-in-fact") to make legally binding decisions on the grantor/principal's behalf. The agent has a fiduciary duty to the grantor.

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Solomon Exam Prep Study Materials for the Series 52
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