Note that the document must be signed by a notary. Durable power of attorney and state laws. 2 This form is provided as exhibit 23a of this chapter. Power of attorney colorado statute . A power of attorney is a document that evidences the creation of a relationship between two people who are designated as the principal and the agent. You should select someone you trust to serve as your agent. “a power of attorney must be signed by the principal or in the principal’s conscious presence by another individual directed by the principal to sign the principal’s name on the power of attorney. 7 of article 14 of title 15, colorado revised statutes. Colorado statutory power of attorney form authorizes an agent to decide on issues pertaining your assets including money on your behalf whether or not you can act for yourself. However, on matters concerning health care, the agent is barred from making decisions on your behalf. Because a power of attorney should be tailored to ...