Me. Stat. tit. 18-C § 5-937

Current through 131st (2023-2024) Legislature Chapter 684

Section 5-937 - 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: [2017, c. 402, Pt. A, §2(NEW); 2019, c. 417, Pt. B, §14(AFF).]

1.Commodity futures, stock options. 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

[2017, c. 402, Pt. A, §2(NEW); 2019, c. 417, Pt. B, §14(AFF).]

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

[2017, c. 402, Pt. A, §2(NEW); 2019, c. 417, Pt. B, §14(AFF).]

18-C M.R.S. § 5-937

Amended by 2019, c. 417,§ B-14, eff. 6/20/2019.

Added by 2018, c. 402,§ A-2, eff. 7/1/2019.