Oklahoma Statutes
§ 15-1008 — Construction of power relating to stock and bond
Oklahoma·Title 15 Contracts
transactions. CONSTRUCTION OF POWER RELATING TO STOCK AND BOND TRANSACTIONS In a statutory power of attorney, the language granting power with respect to stock and bond transactions empowers the agent to buy, sell, and exchange stocks, bonds, mutual funds, and all other types of securities and financial instruments except commodity futures contracts and call and put options on stocks and stock indexes, receive certificates and other evidences of ownership with respect to securities, exercise voting rights with respect to securities in person or by proxy, enter into voting trusts, and consent to limitations on the right to vote.
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Legislative History
Added by Laws 1998, c. 420, § 8, eff. Nov. 1, 1998.
Nearby Sections
15
§ 15-1
Contract defined.§ 15-1001
Short title.§ 15-1002
Purpose.§ 15-1004
Durability of power of attorney.§ 15-1005
Construction of power generally.§ 15-101
Object of a contract.