Sec. 752.104. STOCK AND BOND TRANSACTIONS. The language conferring authority with respect to stock and bond transactions in a statutory durable power of attorney empowers the attorney in fact or agent to:
(1) buy, sell, and exchange:
(A) stocks;
(B) bonds;
(C) mutual funds; and
(D) all other types of securities and financial instruments other than commodity futures contracts and call and put options on stocks and stock indexes;
(2) receive certificates and other evidences of ownership with respect to securities;
(3) exercise voting rights with respect to securities in person or by proxy;
(4) enter into voting trusts; and
(5) consent to limitations on the right to vote.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.01, eff. January 1, 2014.
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