Ala. Code § 26-1A-207: Commodities and Options.
Where this section sits in the code
- Title 26 Infants and Incompetents.
- Chapter 1A Alabama Uniform Power of Attorney Act.
- 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