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Alabama · Through Act 2026-611

Ala. Code § 26-1A-207: Commodities and Options.

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Where this section sits in the code
  1. Title 26 Infants and Incompetents.
  2. Chapter 1A Alabama Uniform Power of Attorney Act.
  3. Article 2 Authority.

Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to commodities and options authorizes the agent to:

(1) buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call or put options on stocks or stock indexes traded on a regulated option exchange; and

(2) establish, continue, modify, and terminate option accounts.

Collected 2026-09-03T14:01:53Z. Source file · JSON

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