Virginia § 64.2-1628 Commodities and options

Virginia Statutes

§ 64.2-1628 — Commodities and options

Virginia § 64.2-1628

JurisdictionVirginia

Title 64.2WILLS, TRUSTS, AND FIDUCIARIES

Subtitle IVFIDUCIARIES AND GUARDIANS

Ch. 16UNIFORM POWER OF ATTORNEY ACT

Art. 2AUTHORITY

Part BPOWERS OF ATTORNEY

This text of Virginia § 64.2-1628 (Commodities and options) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 64.2-1628 (2026).

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.