Current through Chapter 253 of the 2024 Legislative Session
Section 551E-36 - Stocks and bondsUnless 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.Added by L 2014, c 22,§ 1, eff. 4/17/2014.