CHAPTER 39B. UNIFORM POWER OF ATTORNEY ACT.

ARTICLE 2. AUTHORITY.

§39B-2-107. Commodities and options.

(a) 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.

Bill History For §39B-2-107