72-31-342: Commodities and options.
Where this section sits in the code
- TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS
- CHAPTER 31. MISCELLANEOUS PROVISIONS RELATING TO FIDUCIARIES
- Part 3. Uniform Power of Attorney Act
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 2026-09-14T04:59:25Z. Source file · JSON