Nebraska § 30-4030 Commodities and options

Nebraska Statutes

§ 30-4030 — Commodities and options

Nebraska § 30-4030

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

This text of Nebraska § 30-4030 (Commodities and options) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 30-4030 (2026).

Text

Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to commodities and options authorizes the agent to:

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

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

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Unless the power of attorney
otherwise provides, language in a power of attorney granting general authority
with respect to commodities and options authorizes the agent to:
(1) Buy, sell, exchange,
assign, settle, and exercise commodity futures contracts and call or put options
on stocks or stock indexes traded on a regulated option exchange; and
(2) Establish, continue,
modify, and terminate option accounts.