South Dakota Statutes
§ 59-12-28 — Stocks and bonds.
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.
Free access — add to your briefcase to read the full text and ask questions with AI
South Dakota § 59-12-28 (Stocks and bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 2020, ch 214, § 28.
Nearby Sections
15
§ 59-1-1
Agency defined.§ 59-1-2
Agents--General or special.§ 59-1-4
Actual agency.§ 59-1-5
Ostensible agency.§ 59-10-1
Short title.§ 59-10-10
Required form of contract.§ 59-10-11
Notice to educational institution.§ 59-10-12
Student-athlete's right to cancel.§ 59-10-13
Required records.§ 59-10-14
Prohibited conduct.§ 59-10-15
Criminal penalties.§ 59-10-16
Civil remedies.§ 59-10-17
Administrative penalty.