Louisiana § 9:3873 Commodity and option transactions; powers granted

Louisiana Statutes

§ 9:3873 — Commodity and option transactions; powers granted

Louisiana·Title 9 Civil Code-Ancillaries

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

(1)Buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call and put options on stocks and stock indexes traded on a regulated option exchange.

(2)Establish, continue, modify, and terminate option accounts with a broker.

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In a military power of attorney, the language granting power with respect to commodity and option transactions empowers the agent to do all of the following:
(1) Buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call and put options on stocks and stock indexes traded on a regulated option exchange.
(2) Establish, continue, modify, and terminate option accounts with a broker.

Louisiana § 9:3873 (Commodity and option transactions; powers granted) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.