Venture Deals · glossary

Power of attorney

Authority to sign in someone else’s name. Solaris’s drag article makes any director the attorney of a holder who refuses to sign, so the transfer goes through without that holder. At the Exchange a director signed the transfers of the two holders who refused. Article 15.5 · Deed of Exchange, clause 8 · Chapter 14

Explained in Chapter 14, Transfers, Tag and Drag, of Venture Deals.

Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

Related terms

Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Venture Deals → · All terms A–Z →