UNIFORM POWER OF ATTORNEY ACT
Article 2. AUTHORITY
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 do both of the following:
(A) 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;
(B) Establish, continue, modify, and terminate option accounts.
Added by 129th General AssemblyFile No.65, SB 117, ยง1, eff. 3/22/2012.
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