Power of attorney to buy shares Template - Word/PDF

"Authority to Buy Shares", designed to simplify the process of giving another person the right to buy shares in your name. This template is perfect for individuals and companies who want to ensure that their share purchases are carried out correctly and legally. The template is carefully designed to comply with Swedish laws and practices, which guarantees safe and efficient handling of your financial interests.

What is a power of attorney?

A power of attorney is a legal document in which a person (the power of attorney) gives another person (the power of attorney) the right to perform specific actions on behalf of the power of attorney. In this case, this means that the proxy holder gets the right to buy shares in the proxy's name. This is particularly useful when the proxy cannot attend the share purchase themselves or prefers that an expert handle the investment.

Features and Benefits:

Extensive Format Choices: The template is available in both Word and PDF formats, giving you the flexibility to customize the document to suit your needs. Whether you prefer to work digitally or on paper, this template is easy to use and convenient.

User-friendly Design: The template is structured in a way that makes it easy to fill out, even for those without a legal background. All necessary sections are clearly marked, reducing the risk of mistakes.

Laws and Practice: The template is designed in accordance with Swedish legislation and best practice, which includes the most important aspects of contract law and financial regulations. This ensures that the power of attorney is legally binding and recognized by authorities and financial institutions.

Instant Download: After purchase, you can download the template immediately and start using it immediately. This saves time and makes it possible to carry out your business quickly.

Detailed Template Content:

Power of attorney: Includes the name, social security number, address and phone number of the power of attorney.

Power of attorney: Includes the name, social security number, address and phone number of the power of attorney.

Power of attorney statement: Clarifies the specific right the power of attorney holder has to buy shares in a certain company, including the company's name and corporate number.

Authority and Authority: Specifies the rights and limitations that the holder of the power of attorney has. This includes negotiating the price, signing the contract, and transferring the purchase price from the principal's bank accounts.

Validity period: Clearly states the date from which the power of attorney is valid and when it will terminate, including any specific termination conditions.

Signatures and Witnesses: The section for signatures of both the power of attorney and the power of attorney holder, as well as two witnesses attesting to the power of attorney.

Common questions:

Does the power of attorney have to be witnessed? No, according to Swedish law, it is not necessary for a power of attorney to be witnessed to be valid, but it can increase its probative value.

Can I revoke a power of attorney? Yes, a power of attorney can be revoked at any time by the person giving the power of attorney, in writing or orally.

What are the legal requirements for establishing a power of attorney? The person giving the power of attorney must be of sound mind and understand the meaning of the power of attorney. The power of attorney and the power of attorney holder must also be of legal age, i.e. at least 18 years old.

What happens if the authorized representative exceeds his powers? If the authorized person acts outside of his authority, the authorized person can be bound by the acts if they are within the scope of the authority, but can also claim compensation from the authorized person for any losses.

Tips for Use:

Be clear and specific: Specify exactly which shares are to be bought and under what conditions, to avoid misunderstandings.

Limit the validity of the power of attorney: To minimize risks, specify a clear time frame for when the power of attorney is valid.

Keep the document safe: Always keep a copy of the signed power of attorney in a safe place, and inform relevant parties of its existence.

Relevant Laws:

The Contracts Act (1915:218): Regulates how contracts and powers of attorney must be drawn up and handled.

Aktiebolagslagen (2005:551): Contains regulations on share trading and ownership rights.

The Act on Agreements and other Legal Documents in the Area of ​​Property Rights (1970:732): Provides additional guidelines on the validity and use of powers of attorney.

Final Comment:

Having a clear and legally correct power of attorney to purchase shares is essential to protect your financial interests and ensure the smooth execution of your trades. Our template for authorization to buy shares is designed to meet all your needs and complies with Swedish laws and practices. Download your template today and get full control over your stock trading.