Tex. Est. Code § 752.105

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 752.105 - Commodity and Option Transactions

The language conferring authority with respect to commodity and option transactions in a statutory durable power of attorney empowers the attorney in fact or agent to:

(1) buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call and put options on stocks and stock indexes traded on a regulated options exchange; and

(2) establish, continue, modify, or terminate option accounts with a broker.

Tex. Estates § 752.105

Added by Acts 2011, 82nd Leg., R.S., Ch. 823, Sec. 1.01, eff. 1/1/2014.