457.290 Stocks and bonds.
114 words·~1 min read·
/ky/chapter-457/457-290A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds authorizes the agent to:
(1)Buy, sell, and exchange stocks and bonds;
(2)Establish, continue, modify, or terminate an account with respect to stocks and
bonds;
(3)Pledge stocks and bonds as security to borrow, pay, renew, or extend the time of
payment of a debt of the principal;
(4)Receive certificates and other evidences of ownership with respect to stocks and
bonds; and
(5)Exercise voting rights with respect to stocks and bonds in person or by proxy, enter
into voting trusts, and consent to limitations on the right to vote.