South Carolina Statutes

§ 62-8-207 — Commodities and options.

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 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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South Carolina § 62-8-207 (Commodities and options.) — 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.

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