Georgia § 10-6b-45 Stocks and bonds

Georgia Statutes

§ 10-6b-45 — Stocks and bonds

Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds shall authorize 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 shall authorize 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.

Georgia § 10-6b-45 (Stocks and bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.