N.C. Gen. Stat. § 32C-2-207

Current through Session Law 2024-58

Section 32C-2-207 - 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 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.

N.C. Gen. Stat. § 32C-2-207

Added by 2017 N.C. Sess. Laws 153,s. 1, eff. 1/1/2018.