§5-936. Stocks and bonds
224 words·~1 min read·
/me/title-18-c-probate-code/5-936A 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: [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
1. Buy, sell and exchange. Buy, sell and exchange stocks and bonds;
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
2. Stocks and bonds account. Establish, continue, modify or terminate an account with respect to stocks and bonds;
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
3. Security. Pledge stocks and bonds as security to borrow, pay, renew or extend the time of payment of a debt of the principal;
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
4. Evidences of ownership. Receive certificates and other evidences of ownership with respect to stocks and bonds; and
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
5. Voting rights. 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.
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]