Compliance Quarterly: Power of Attorney and Compliance Issues They Present
Thursday, June 20, 2024
11:00am - 12:00pm
Join us for our newest interactive series: Compliance Quarterly! NYCUA's General Counsel, Mitchell Pollack, will tackle your most-asked compliance questions in each session.
Please join us for education, clarification, and most importantly, engaging discussion among your peers on these hot topics.
Session Description:
In this next edition of Compliance Quarterly, we will review the requirements for a valid Power of Attorney and discuss the agent’s powers regarding changing joint accounts and beneficiaries; whether agents can add themselves to existing accounts as joint holders; what a principal needs to do to lawfully revoke a Power of Attorney; out of state Power of Attorneys and whether they are valid in New York; the purpose of the full force affidavit and other issues commonly encountered by credit unions when a Power of Attorney is presented by a member’s agent.
Speaker:
Mitchell Pollack, General Counsel
New York Credit Union Association
Educational Investment: Benefit of Membership