Oklahoma Statutes

§ 58-3029 — Stocks and bonds.

Oklahoma·Title 58 Probate Procedure
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

Added by Laws 2021, c. 332, § 29, eff. Nov. 1, 2021.

Nearby Sections

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