244.47 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 do all of the following:
(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.
(2) Establish, continue, modify, and terminate option accounts.
History: 2009 a. 319.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 244 - Uniform power of attorney for finances and property.
244.04 - Power of attorney is durable.
244.05 - Execution of power of attorney.
244.06 - Validity of power of attorney.
244.07 - Meaning and effect of power of attorney.
244.08 - Nomination of guardian; relation of agent to court-appointed fiduciary.
244.09 - When a power of attorney is effective.
244.10 - Termination of power of attorney or agent's authority.
244.11 - Coagents and successor agents.
244.12 - Reimbursement and compensation of agent.
244.15 - Exoneration of agent.
244.18 - Agent's resignation; notice.
244.19 - Protection of persons that accept and rely upon an acknowledged power of attorney.
244.20 - Refusal to accept acknowledged power of attorney.
244.21 - Laws applicable to financial institutions and entities.
244.41 - Authority that requires specific grant, grant of general authority.
244.42 - Incorporation of authority.
244.43 - Construction of authority generally.
244.45 - Tangible personal property.
244.47 - Commodities and options.
244.48 - Banks and other financial institutions.
244.49 - Operation of entity or business.
244.50 - Insurance and annuities.
244.51 - Estates, trusts, and other beneficial interests.
244.52 - Claims and litigation.
244.53 - Personal and family maintenance.
244.54 - Benefits from governmental programs or civil or military service.
244.61 - Statutory Form Power of Attorney for Finances and Property.
244.62 - Agent's certification.