Nebraska Statutes

§ 30-4029 — Stocks and bonds

Nebraska·Ch. 30 Decedents' Estates; Protection of Persons and Property

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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Legislative History

Source: Laws 2012, LB1113, § 29.

Nearby Sections

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