The Oregon Limited Power of Attorney Form is designed to keep the Agent’s financial power to a minimum. In this agreement the Agent will only have one fixed power, usually to perform a specific action, such as filing taxes, renting property or managing a specific investment.
Under Oregon state law, a Power of Attorney agreement will only be valid if it is signed and witnessed by a Notary Public. If a Notary Public cannot be found or is unavailable, then it can also be witnessed by two (2) adults. Unlike most states, there are no restrictions on who these witnesses can be; They can be witnessed by a member of either parties families, if they so wish.