Connecticut § 1-351f General authority with respect to commodities and options.

Connecticut Statutes

§ 1-351f — General authority with respect to commodities and options.

Connecticut·Title 1 Provisions of General Application·Ch. 15c Connecticut Uniform Power of Attorney Act and Connecticut Uniform Recognition of Substitute Decision-Making Documents Act

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:

(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; and (2) Establish, continue, modify and terminate option accounts.

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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: (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; and (2) Establish, continue, modify and terminate option accounts.

Connecticut § 1-351f (General authority with respect to commodities and options.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 15-240, S. 30; 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. 30, from July 1, 2016, to October 1, 2016, effective May 27, 2016.