California Statutes

§ 4454. — 4454. (Added by Stats. 1994, Ch. 307, Sec. 16.)

California·Code PROB Probate Code - PROB·Div. 4.5. DIVISION 4.5. POWERS OF ATTORNEY·Part 3. PART 3. UNIFORM STATUTORY FORM POWER OF ATTORNEY·Ch. 2. CHAPTER 2. Construction of Powers

In a statutory form power of attorney, the language granting power with respect to commodity and option transactions empowers the agent to do all of the following:

(a)Buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call and put options on stocks and stock indexes traded on a regulated option exchange.
(b)Establish, continue, modify, and terminate option accounts with a broker.

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California § 4454. (4454. (Added by Stats. 1994, Ch. 307, Sec. 16.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1994, Ch. 307, Sec. 16. Effective January 1, 1995.
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