Section 1337.47 | Stocks and bonds.
Effective:
March 22, 2012
Latest Legislation:
Senate Bill 117 - 129th General Assembly
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 do all of the following:
(A) Buy, sell, and exchange stocks and bonds;
(B) Establish, continue, modify, or terminate an account with respect to stocks and bonds;
(C) Pledge stocks and bonds as security to borrow, pay, renew, or extend the time of payment of a debt of the principal;
(D) Receive certificates and other evidences of ownership with respect to stocks and bonds;
(E) 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.
Available Versions of this Section
- March 22, 2012 – Senate Bill 117 - 129th General Assembly [ View March 22, 2012 Version ]