South Dakota Statutes

§ 59-12-28 — Stocks and bonds.

South Dakota § 59-12-28
JurisdictionSouth Dakota
Title 59AGENCY
Ch. 59-10UNIFORM POWER OF ATTORNEY ACT

This text of South Dakota § 59-12-28 (Stocks and bonds.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 59-12-28 (2026).

Text

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

SL 2020, ch 214, § 28.

Nearby Sections

15
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Bluebook (online)
South Dakota § 59-12-28, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/59-12-28.