Ga. Code § 10-6B-45

Current through 2023-2024 Legislative Session Chapters 1-597, 604, 609, 612, 696, 697
Section 10-6B-45 - Stocks and bonds

Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds shall authorize the agent to:

(1) Buy, sell, and exchange stocks and bonds;
(2) Establish, continue, modify, or terminate an account with respect to stocks and bonds;
(3) Pledge stocks and bonds as security to borrow, pay, renew, or extend the time of payment of a debt of the principal;
(4) Receive certificates and other evidences of ownership with respect to stocks and bonds; and
(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.

OCGA § 10-6B-45

Added by 2017 Ga. Laws 186,§ 2-1, eff. 7/1/2017.