Current through the 2024 Budget Session
Section 3-9-206 - Stocks and bonds(a) Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds authorizes the agent to: (i) Buy, sell and exchange stocks and bonds;(ii) Establish, continue, modify or terminate an account with respect to stocks and bonds;(iii) Pledge stocks and bonds as security to borrow, pay, renew or extend the time of payment of a debt of the principal;(iv) Receive certificates and other evidences of ownership with respect to stocks and bonds;(v) 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 Laws 2017 , ch. 117, § 1, eff. 1/1/2018.