Colorado § 15-14-730 Commodities and options

Colorado Statutes

§ 15-14-730 — Commodities and options

Colorado·Title 15 Probate,·Art. Persons Under Disability - Protection

(1)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:

(a)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

(b)Establish, continue, modify, and terminate option accounts.

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(1) 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:

(a) 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

(b) Establish, continue, modify, and terminate option accounts.

Colorado § 15-14-730 (Commodities and options) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.