D.C. Code § 21-2602.07

Current through codified legislation effective June 1, 2024

Section 21-2602.07 - Commodities and options

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.

D.C. Code § 21-2602.07

Added by D.C. Law 24-236,§ 2, 69 DCR 014660, eff. 2/23/2023.