Haw. Rev. Stat. § 551E-37

Current through Act 47 of the 2024 Legislative Session

Section 551E-37 - 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 shall authorize 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.

HRS § 551E-37

Added by L 2014, c 22,§ 1, eff. 4/17/2014.