Code · Delaware · Title 12 — Decedents' Estates and Fiduciary Relations · Subchapter II. Authority

§ 49A-207. Commodities and options.

64 words·~1 min read·/de/title-12/subchapter-ii-authority/49a-207

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Unless the personal power of attorney otherwise provides, language in a personal 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.