West Virginia § 39B-2-107 Commodities and options

West Virginia Statutes

§ 39B-2-107 — Commodities and options

West Virginia·Ch. 39B UNIFORM POWER OF ATTORNEY ACT·Art. 2 AUTHORITY

(a)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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(a) 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.

West Virginia § 39B-2-107 (Commodities and options) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.