Montana § 72-31-341 Stocks And Bonds

Montana Statutes

§ 72-31-341 — Stocks And Bonds

Montana § 72-31-341

Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

Ch. 31MISCELLANEOUS PROVISIONS RELATING TO FIDUCIARIES

Part 3Uniform Power of Attorney Act

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Bluebook

Mont. Code Ann. § 72-31-341 (2026).

Text

72-31-341 . 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 authorizes 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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72-31-341 . 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 authorizes 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.

Legislative History

En. Sec. 4, Ch. 580, L. 1991; amd. Sec. 118, Ch. 494, L. 1993; Sec. 72-31-204 , MCA 1991; redes. 72-31-226 by Code Commissioner, 1993; amd. Sec. 32, Ch. 109, L. 2011; Sec. 72-31-226 , MCA 2009; redes. 72-31-341 by Code Commissioner, 2011.