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The Letter of Authorization Form is a crucial legal instrument in Philippine business and personal transactions, used when an individual or entity needs to delegate specific powers or authority to another party. This document is particularly important in the Philippine context due to strict requirements for representation in various transactions, from banking to property dealings. The form must comply with the Civil Code of the Philippines and often requires notarization to be legally valid. It typically includes detailed information about the principal and agent, specific powers being granted, duration of authority, and any limitations or conditions. The document is commonly used when the principal cannot personally attend to matters, needs to delegate authority for business operations, or requires representation in legal or financial transactions. The formality and content of the authorization form may vary depending on its purpose and the requirements of the receiving institution or entity.

1. Header and Date: Contains the title 'LETTER OF AUTHORIZATION' and the date of execution

2. Principal's Information: Complete name, address, and identification details of the person granting the authorization

3. Attorney-in-Fact/Agent Information: Complete name, address, and identification details of the person being authorized

4. Purpose and Scope: Clear statement of the specific powers and authority being granted

5. Duration: Validity period of the authorization

6. Attestation: Statement affirming the voluntary execution of the document

7. Signature Block: Space for principal's signature, agent's acceptance signature, and notary public's acknowledgment