(a) 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 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