D.C. Code § 21-2602.06: Stocks and bonds.
Where this section sits in the code
- Title 21. Fiduciary Relations and Persons with Mental Illness. [Enacted title]
- Chapter 26. Uniform Power of Attorney Act.
- Subchapter II. Authority.
(a)
Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds authorizes the agent to:
(1)
Buy, sell, and exchange stocks and bonds;
(2)
Establish, continue, modify, or terminate an account with respect to stocks and bonds;
(3)
Pledge stocks and bonds as security to borrow, pay, renew, or extend the time of payment of a debt of the principal;
(4)
Receive certificates and other evidence of ownership with respect to stocks and bonds; and
(5)
Exercise voting rights with respect to stocks and bonds in person or by proxy, enter into voting trusts, and consent to limitations on the right to vote.
Collected 2026-08-29T05:44:07Z. Source file · JSON