West Virginia § 39B-2-106 Stocks and bonds

West Virginia Statutes

§ 39B-2-106 — Stocks and bonds

West Virginia § 39B-2-106

Ch. 39BUNIFORM POWER OF ATTORNEY ACT

Art. 2AUTHORITY

This text of West Virginia § 39B-2-106 (Stocks and bonds) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 39B-2-106 (2026).

Text

(a)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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(a) 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.