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

Louisiana Statutes

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

Louisiana § 9:3873

Title 9Civil Code-Ancillaries

This text of Louisiana § 9:3873 (Commodity and option 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. § 9:3873 (2026).

Text

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.