{"data":{"id":"us-nc/n.c.-gen.-stat.-32c-2-207","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 32C-2-207","heading":"Commodities and options.","body":"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:\n(1)\tBuy, 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.\n(2)\tEstablish, continue, modify, and terminate option accounts. (2017-153, s. 1.)","path":["Chapter 32C. North Carolina Uniform Power of Attorney Act.","Article 2. Authority."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_32C/GS_32C-2-207.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:00:22Z","sha256":"89fb2b62a476249432b6698c1fe1cfb6dc8eedd436a1f9ef60c55f606b06f47d","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-32c-2-206","next":"us-nc/n.c.-gen.-stat.-32c-2-208"},"notice":"GroundRules: Original legal text. Not legal advice."}