GroundRules
← Search the law
North Carolina · Through S.L. 2026-30

N.C. Gen. Stat. § 32C-2-207: Commodities and options.

Read at publisher ↗
Where this section sits in the code
  1. Chapter 32C. North Carolina Uniform Power of Attorney Act.
  2. 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 do all of the following:

(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.

(2) Establish, continue, modify, and terminate option accounts. (2017-153, s. 1.)

Collected 2026-08-27T18:00:22Z. Source file · JSON

Browse this collection