Section 75A-2-207 - Commodities and optionsUnless 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.Renumbered from § 75-9-207 and amended by Chapter 364, 2024 General Session ,§ 53, eff. 9/1/2024.Added by Chapter 256, 2016 General Session ,§ 31, eff. 5/10/2016.