D.C. Code § 21-2602.05: Tangible personal property.

(a)

Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to:

(1)

Demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject ownership or possession of a tangible personal property or an interest in tangible personal property;

(2)

Sell; exchange; convey with or without covenants, representations or warranties; quitclaim; release; surrender; create a security interest in; grant options concerning; lease; sublease; or, otherwise dispose of tangible personal property or an interest in tangible personal property;

(3)

Grant a security interest in tangible personal property or an interest in tangible personal property as security to borrow money or pay, renew, or extend the time of payment of a debt of the principal or a debt guaranteed by the principal;

(4)

Release, assign, satisfy, or enforce by litigation or otherwise, a security interest, lien, or other claim on behalf of the principal, with respect to tangible personal property or an interest in tangible personal property;

(5)

Manage or conserve tangible personal property or an interest in tangible personal property on behalf of the principal, including:

(A)

Insuring against liability or casualty or other loss;

(B)

Obtaining or regaining possession of or protecting the property or interest, by litigation or otherwise;

(C)

Paying, assessing, compromising, or contesting taxes or assessments or applying for and receiving refunds in connection with taxes or assessments;

(D)

Moving the property from place to place;

(E)

Storing the property for hire or on a gratuitous bailment; and

(F)

Using and making repairs, alterations, or improvements to the property; and

(6)

Change the form of title of an interest in tangible personal property.