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Article 167. Power of Attorney

1. A written authorisation by one person (the trustor) for representation on his behalf, which is issued to another person (the trustee) shall be recognised as a power of attorney.

2. The power of attorney for managing assets and entering into transactions which require notarisation, must be notarised, unless otherwise stipulated in legislative acts.

3. The following shall be equated to notarised powers of attorney.

1) powers of attorney of military servicemen and of any other persons who are in medical treatment at hospitals, sanatoria and any other military medical institutions, attested to by the chiefs, deputy chiefs for medical issues, senior doctors and doctors on duty of those hospitals, sanatoria and other military medical institutions;

2) powers of attorney of the military servicemen, and at the points of deployment of military units, institutions and military education organisations where there is no state notary offices, nor any other bodies which execute notary actions, and also the powers of attorney of workers and employees, members of their families and family members of the military servicemen, which are attested by the commanders (chiefs) of those units, formations, institutions and organisations;

3) powers of attorney of the persons who are in places of deprivation of freedom, certified by the heads of the places of deprivation of freedom;

4) powers of attorney of capable citizens of full age who are in institutions for the social protection of the population, certified by the head of that institution or of the relevant body for the social protection of the population.

4. The power of attorney to receive correspondence including money and parcels, to receive wages and any other payments from citizens and legal entities, may be certified by the bodies of the local administration of the territory in which the nominator resides, by the organisation at which he works or studies, by the housing maintenance organisation in the place of his residence, by the administration of the stationary medical institution in which he is being medically treated, and also by the commanders of the relevant military units, where the power of attorney is issued to a military serviceman. A power of attorney which is sent by telegraph and by any other types of communications, when the dispatch of the document is carried out by an employee of the communications facility, shall be certified by the bodies of communication.

5. Third parties shall have the right to consider as authentic a power of attorney which is issued for the commission of their acts, which is sent by the trustor to the trustee through facsimile and other method of communication, without use of official bodies of communication.

6. A power of attorney on behalf of a legal entity shall be issued with the signature of its manager or another person who is authorised thereto by the foundation documents, and it shall be attested by the seal of that organisation.

7. A power of attorney on behalf of a state body, or a commercial or non-profit organisation to receive or pay money and any other material assets, must be signed also by the chief (senior) accountant of that organisation.

8. The procedure for issuing and the pro-forma of the power attorney to enter into banking transactions and the power of attorney for entering into transactions in the area of trade may be determined by special-purpose rules.

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