Utah § 75A-2-207 Commodities and options.

Utah Statutes

§ 75A-2-207 — Commodities and options.

Utah·Title 75A Fiduciaries·Ch. 75A-2 Uniform Power of Attorney Act·Part 75A-2-2 Authority

Unless the power of attorney otherwise provides, 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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Unless the power of attorney otherwise provides, 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.

Utah § 75A-2-207 (Commodities and options.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.