15-12-207. COMMODITIES AND OPTIONS. Unless a 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 and put options on stocks and stock indexes traded on a regulated option exchange; and
(2) Establish, continue, modify and terminate option accounts.
History:
[15-12-207, added 2008, ch. 186, sec. 2, p. 572.]
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