• Changes to Pennsylvania’s Power of Attorney will Affect Real Estate and Other Transactions
  • February 6, 2015 | Author: John F. Lushis
  • Law Firm: Norris McLaughlin & Marcus, P.A. A Professional Corporation - Allentown Office
  • On July 2, 2014, the Pennsylvania General Assembly enacted Act 95 to address certain issues relating to Pennsylvania’s Power of Attorney Act that arose out of a 2010 Pennsylvania Supreme Court decision. Because there are certain provisions in Act 95 that will become effective on January 1, 2015, and because these provisions affect commercial lending transactions, we wished to make our valued lending clients, including conduit lenders such as industrial development authorities, aware of them.