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.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle P - Durable Powers of Attorney
Chapter 752 - Statutory Durable Power of Attorney
Subchapter C. Construction of Powers Related to Statutory Durable Power of Attorney
Section 752.101. Construction in General
Section 752.102. Real Property Transactions
Section 752.103. Tangible Personal Property Transactions
Section 752.104. Stock and Bond Transactions
Section 752.105. Commodity and Option Transactions
Section 752.106. Banking and Other Financial Institution Transactions
Section 752.107. Business Operation Transactions
Section 752.108. Insurance and Annuity Transactions
Section 752.109. Estate, Trust, and Other Beneficiary Transactions
Section 752.110. Claims and Litigation
Section 752.111. Personal and Family Maintenance
Section 752.112. Benefits From Certain Governmental Programs or Civil or Military Service
Section 752.113. Retirement Plan Transactions