South Carolina Statutes
§ 62-8-206 — Stocks and bonds.
South Carolina·Title 62 SOUTH CAROLINA PROBATE CODE·Ch. ARTICLE 8 - SOUTH CAROLINA UNIFORM POWER OF ATTORNEY ACT
Unless the power of attorney otherwise provides and subject to Section 62-8-201, 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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South Carolina § 62-8-206 (Stocks and bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2016 Act No. 279 (S.778), SECTION 1, eff January 1, 2017.
Nearby Sections
15
§ 62-1-100
Effective date.§ 62-1-101
Short title.§ 62-1-102
Purposes; rules of construction.§ 62-1-104
Severability.§ 62-1-105
Construction against implied repeal.§ 62-1-106
Effect of fraud and evasion.§ 62-1-107
Evidence as to death or status.§ 62-1-108
Acts by holder of general power.§ 62-1-111
Authority to award costs and expenses.§ 62-1-112
Inherent power of court.§ 62-1-201
General definitions.§ 62-1-301
Territorial application.