(a) 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:
(1) Buy, sell and exchange stocks and bonds;
(2) Establish, continue, modify or terminate an account with respect to stocks and bonds;
(3) Pledge stocks and bonds as security 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 stocks and bonds; and
(5) 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.
Structure West Virginia Code
Chapter 39B. Uniform Power of Attorney Act
§39B-2-101. Authority That Requires Specific Grant; Grant of General Authority
§39B-2-102. Incorporation of Authority
§39B-2-103. Construction of Authority Generally
§39B-2-105. Tangible Personal Property
§39B-2-107. Commodities and Options
§39B-2-108. Banks and Other Financial Institutions
§39B-2-109. Operation of Entity or Business
§39B-2-110. Insurance and Annuities
§39B-2-111. Estates, Trusts and Other Beneficial Interests
§39B-2-112. Claims and Litigation
§39B-2-113. Personal and Family Maintenance
§39B-2-114. Benefits From Governmental Programs or Civil or Military Service