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.
Structure Arkansas Code
Title 28 - Wills, Estates, and Fiduciary Relationships
Subtitle 5 - Fiduciary Relationships
Chapter 68 - Uniform Power of Attorney Act
§ 28-68-201. Authority that requires specific grant — Grant of general authority
§ 28-68-202. Incorporation of authority
§ 28-68-203. Construction of authority generally
§ 28-68-205. Tangible personal property
§ 28-68-207. Commodities and options
§ 28-68-208. Banks and other financial institutions
§ 28-68-209. Operation of entity or business
§ 28-68-210. Insurance and annuities
§ 28-68-211. Estates, trusts, and other beneficial interests
§ 28-68-212. Claims and litigation
§ 28-68-213. Personal and family maintenance
§ 28-68-214. Benefits from governmental programs or civil or military service