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

West Virginia Statutes

§ 39B-2-107 — Commodities and options

West Virginia § 39B-2-107

Ch. 39BUNIFORM POWER OF ATTORNEY ACT

Art. 2AUTHORITY

This text of West Virginia § 39B-2-107 (Commodities and options) 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-2-107 (2026).

Text

(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.