Summary
In Georgia, agents using a power of attorney must present valid documents to banks. Credit unions should verify agents identities and provide reasons for any denial. If a credit union refuses to explain a denial, you can request an explanation or seek legal assistance. Georgia law allows legal action if the refusal is unreasonable. Verification of agents over the phone can include asking for personal information, a pre-arranged code word, or using third-party services. Always check with the specific credit union for their policies.Full Conversation
In Georgia, as agent do I have to be placed on a bank account in order to use the power of attorney?
In Georgia, as an agent you do not necessarily need to be placed on the bank account. However, you must present a valid Power of Attorney document to the bank. They may require you to complete additional forms. Please check with the bank for their specific requirements.
In Georgia can a credit union refuse to explain why they denied a power of attorney?
In Georgia, a credit union can deny a power of attorney, but they should provide a reason for the refusal. If they don't:
- You can request an explanation.
- If refused, consider legal assistance.
- Georgia law allows legal action if refusal is unreasonable.
I could not see all of your reply. The typing bar is in the way. Would you please repeat your answer?
In Georgia, a credit union can deny a power of attorney, but they should provide a reason for the refusal. If they don't:
- You can request an explanation.
- If refused, seek legal assistance.
- Georgia law allows legal action if refusal is unreasonable.
Can the same credit union contact other agents listed on the power of attorney over the phone without have verified who they are?
In Georgia, credit unions should take reasonable steps to verify the identity of anyone claiming to act under a power of attorney. This includes agents contacted by phone. However, specific practices may vary, so it's best to check with the credit union's policy.
Is this still the case if I supplies my driver's license and the principal was with me when I presented the power of attorney?
Yes, even if you presented your driver's license and the principal was with you, it's best to verify with the credit union about their specific requirements and policies for accepting a power of attorney.
What if they spoke with someone who was not a verified agent?
In Georgia, a credit union should verify the identity of anyone claiming to be an agent before speaking with them. If they did not, they may have breached their duty of care. Consult a local attorney for specific advice.
How do you legally verify a listed agent over the phone?
To legally verify an agent over the phone, you can:
- Ask for personal information that only the agent would know.
- Request a code word or phrase arranged beforehand.
- Use a third-party identity verification service.
Remember, the exact methods will depend on the credit union's policies.
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