GroundRules
PROB § 4454
Where this section sits in the code
- Probate Code - PROB
- DIVISION 4.5. POWERS OF ATTORNEY [4000. - 4545.]
- PART 3. UNIFORM STATUTORY FORM POWER OF ATTORNEY [4400. - 4465.]
- CHAPTER 2. Construction of Powers [4450. - 4465.]
In a statutory form power of attorney, the language granting power with respect to commodity and option transactions empowers the agent to do all of the following:
(a) Buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call and put options on stocks and stock indexes traded on a regulated option exchange.
(b) Establish, continue, modify, and terminate option accounts with a broker.
Collected 2026-09-14T05:56:33Z. Source file · JSON