15-12-206. STOCKS AND BONDS. Unless a power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds authorizes the agent to:
(1) Buy, sell and exchange securities;
(2) Establish, continue, modify or terminate a securities account;
(3) Pledge securities as security in order to borrow, pay, renew or extend the time of payment of a debt of the principal;
(4) Receive certificates and other evidences of ownership with respect to securities; and
(5) Exercise voting rights with respect to securities in person or by proxy, enter into voting trusts and consent to limitations on the right to vote.
History:
[15-12-206, added 2008, ch. 186, sec. 2, p. 571.]
Structure Idaho Code
Title 15 - UNIFORM PROBATE CODE
Chapter 12 - UNIFORM POWER OF ATTORNEY ACT
Section 15-12-201 - AUTHORITY THAT REQUIRES SPECIFIC GRANT — GRANT OF GENERAL AUTHORITY.
Section 15-12-202 - INCORPORATION OF AUTHORITY.
Section 15-12-203 - CONSTRUCTION OF AUTHORITY GENERALLY.
Section 15-12-204 - REAL PROPERTY.
Section 15-12-205 - TANGIBLE PERSONAL PROPERTY.
Section 15-12-206 - STOCKS AND BONDS.
Section 15-12-207 - COMMODITIES AND OPTIONS.
Section 15-12-208 - BANKS AND OTHER FINANCIAL INSTITUTIONS.
Section 15-12-209 - OPERATION OF AN ENTITY OR BUSINESS.
Section 15-12-210 - INSURANCE AND ANNUITIES.
Section 15-12-211 - ESTATES, TRUSTS AND OTHER BENEFICIAL INTERESTS.
Section 15-12-212 - CLAIMS AND LITIGATION.
Section 15-12-213 - PERSONAL AND FAMILY MAINTENANCE.
Section 15-12-214 - BENEFITS FROM GOVERNMENTAL PROGRAMS OR CIVIL OR MILITARY SERVICE.