Idaho Statutes

§ 15-12-206 — STOCKS AND BONDS

Idaho·Title 15 UNIFORM PROBATE CODE·Part 2. AUTHORITY·Ch. 12 UNIFORM POWER OF ATTORNEY ACT

Unless a 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 securities;
(2)Establish, continue, modify or terminate a securities account;
(3)Pledge securities as security in order 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 securities; and
(5)Exercise voting rights with respect to securities in person or by proxy, enter into voting trusts and consent to limitations on the right to vote.

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Legislative History

[15-12-206, added 2008, ch. 186, sec. 2, p. 571.]

Nearby Sections

15
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