Current through 2024 First Special Session
Section 39B-2-107 - Commodities and options(a) 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:(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.Added by 2012 Acts, ch. 199 (HB 4390), eff. 6/8/2012.