72-31-341. Stocks and bonds.
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/mt/title-72/chapter-31/part-3/72-31-341·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
72-31-341 . Stocks and bonds. 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.