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

Connecticut Statutes

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

Connecticut § 1-351f

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 § 1-351f (General authority with respect to commodities and options.) 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. § 1-351f (2026).

Text

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.

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.