Iowa Code § 633B.207

Current through March 29, 2024

Section 633B.207 - Commodities and options

Unless the power of attorney otherwise provides and subject to section 633B.201, language in a power of attorney granting general authority with respect to commodities and options authorizes the agent to do all of the following:

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.

2. Establish, continue, modify, and terminate option accounts.

Iowa Code § 633B.207

2014 Acts, ch 1078, §32

Added by 2014 Iowa, ch 1078,s 32, eff. 7/1/2014.

Referred to in §633B.201, 633B.202, 633B.203