Code · Kentucky · Chapter 457 — Uniform power of attorney act (2006)

457.300 Commodities and options.

62 words·~1 min read·/ky/chapter-457/457-300

A 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 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.