{"data":{"id":"us-al/ala.-code-26-1a-206","jurisdiction":"us-al","citation":"Ala. Code § 26-1A-206","heading":"Stocks and Bonds.","body":"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:\n(1) buy, sell, and exchange stocks and bonds;\n(2) establish, continue, modify, or terminate an account with respect to stocks and bonds;\n(3) pledge stocks and bonds as security to borrow, pay, renew, or extend the time of payment of a debt of the principal;\n(4) receive certificates and other evidences of ownership with respect to stocks and bonds; and\n(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.","path":["Title 26 Infants and Incompetents.","Chapter 1A Alabama Uniform Power of Attorney Act.","Article 2 Authority."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=26-1A-206","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"8ef0f24cf907b60bd62fc87d25e7b87013d100dee655106b3d9d155d3a44091c","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-26-1a-205","next":"us-al/ala.-code-26-1a-207"},"notice":"GroundRules: Original legal text. Not legal advice."}