Louisiana Statutes

§ 9:3872 — Stock and bond transactions; powers granted

Louisiana § 9:3872
JurisdictionLouisiana
Title 9Civil Code-Ancillaries

This text of Louisiana § 9:3872 (Stock and bond transactions; powers granted) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
La. Stat. Ann. § 9:3872 (2026).

Text

In a military power of attorney, the language granting power with respect to stock and bond transactions empowers the agent to do all of the following:

(1)Buy, sell, and exchange stocks, bonds, mutual funds, and all other types of securities and financial instruments except commodity futures contracts and call and put options on stocks and stock indexes.
(2)Receive certificates and other evidence of ownership with respect to securities.
(3)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

Acts 1991 1st E.S., No. 5, §1, eff. April 17, 1991; Acts 1995, No. 1131, §1.

Nearby Sections

15
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Bluebook (online)
Louisiana § 9:3872, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/9%3A3872.