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- Title 18. Fiduciaries
- Chapter 18-16. Rhode Island Short Form Power of Attorney Act
R.I. Gen. Laws § 18-16-11 Records, Reports and Statements
Library | Rhode Island Statutes |
Edition | 2023 |
Currency | Current through 2023 Public Law 398 |
Year | 2023 |
Citation | R.I. Gen. Laws § 18-16-11 |
(a) In a statutory short form power of attorney, the language conferring general authority with respect to records, reports and statements shall be construed to mean that the principal authorizes the agent:
(1) To keep records of all cash received and disbursed for or on account of the principal, of all credits and debits to the account of the principal and of all transactions affecting in any way the assets and liabilities of the principal;
(2) To prepare, execute and file all tax, social security, unemployment insurance and information returns, required by the laws of the United States, of any state or of any subdivision of it, or of any foreign government; to prepare, execute and file all other papers and instruments which the agent deems desirable or necessary for the safeguarding of the principal against excess or illegal taxation or against penalties imposed for claimed violation of any law or other governmental regulation;
(3) To prepare, execute and file any record, report or statement, which the agent deems desirable or necessary for the safeguarding or maintenance of the principal's interest, with respect to price, rent, wage or rationing control, or other governmental activity;
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