§5-937. Commodities and options
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: [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
1. Commodity futures, stock options. 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
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
2. Option accounts. Establish, continue, modify and terminate option accounts.
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
SECTION HISTORY
PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).
Structure Maine Revised Statutes
Article 5: MAINE UNIFORM GUARDIANSHIP, CONSERVATORSHIP AND PROTECTIVE PROCEEDINGS
Part 9: MAINE UNIFORM POWER OF ATTORNEY ACT
18-C §5-931. Authority that requires specific grant; grant of general authority
18-C §5-932. Incorporation of authority
18-C §5-933. Construction of authority generally
18-C §5-935. Tangible personal property
18-C §5-937. Commodities and options
18-C §5-938. Banks and other financial institutions
18-C §5-939. Operation of entity or business
18-C §5-940. Insurance and annuities
18-C §5-941. Estate, trust and other beneficial interest
18-C §5-942. Claims and litigation
18-C §5-943. Personal and family maintenance
18-C §5-944. Benefits from governmental programs or civil or military service