Nebraska § 30-4030 Commodities and options

Nebraska Statutes

§ 30-4030 — Commodities and options

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 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.

Nebraska § 30-4030 (Commodities and options) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.