Connecticut § 1-351e General authority with respect to stocks and bonds.

Connecticut Statutes

§ 1-351e — General authority with respect to stocks and bonds.

Connecticut § 1-351e

Title 1Provisions of General Application

Ch. 15cConnecticut Uniform Power of Attorney Act and Connecticut Uniform Recognition of Substitute Decision-Making Documents Act

This text of Connecticut § 1-351e (General authority with respect to stocks and bonds.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 1-351e (2026).

Text

Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds authorizes the agent to:

(1)Buy, sell and exchange stocks and bonds;

(2)Establish, continue, modify or terminate an account with respect to stocks and bonds;

(3)Pledge stocks and bonds as security to borrow, pay, renew or extend the time of payment of a debt of the principal;

(4)Receive certificates and other evidences of ownership with respect to stocks and bonds; and (5) Exercise voting rights with respect to stocks and bonds in person or by proxy, enter into voting trusts and consent to limitations on the right to vote.

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Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds authorizes the agent to: (1) Buy, sell and exchange stocks and bonds; (2) Establish, continue, modify or terminate an account with respect to stocks and bonds; (3) Pledge stocks and bonds as security to borrow, pay, renew or extend the time of payment of a debt of the principal; (4) Receive certificates and other evidences of ownership with respect to stocks and bonds; and (5) Exercise voting rights with respect to stocks and bonds in person or by proxy, enter into voting trusts and consent to limitations on the right to vote.

Legislative History

(P.A. 15-240, S. 29; P.A. 16-40, S. 9.) History: P.A. 15-240 effective July 1, 2016; P.A. 16-40 changed effective date of P.A. 15-240, S. 29, from July 1, 2016, to October 1, 2016, effective May 27, 2016.