Governing Law, Place and Form of a Power of Attorney

Jan 27, 2010
Andrius Gabnys, Assistant to the Attorney at Law

According to the Civil Code of the Republic of Lithuania, transactions shall be made in writing (in the ordinary or notarial form), or their formation may be implied from the actions. A transaction, in respect of which there is no specific form established by laws, shall be deemed to have been formed if the person demonstrates by his behavior the will to form a transaction (a contract formed by actions). Where the written form is not required by laws or by an agreement of the parties as a nec ...

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