Vt. Stat. tit. 14 § 4037

Current through L. 2024, c. 185.

Section 4037 - Commodities and options

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.

14 V.S.A. § 4037

Added by 2023 , No. 60, § 1, eff. 7/1/2023.