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

California Statutes

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

California § 4454.

JurisdictionCalifornia

Code PROBProbate 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

This text of California § 4454. (4454. (Added by Stats. 1994, Ch. 307, Sec. 16.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Probate Code - PROB Code § 4454. (2026).

Text

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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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.

Legislative History

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

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California § 4454., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PROB/4454..