RCW 11.125.290
168 words·~1 min read·
/wa/title-11/chapter-11-125/11-125-290·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 stocks, bonds, and financial instruments authorizes the agent to:
(1)Buy, sell, and exchange stocks, bonds, and financial instruments;
(2)Establish, continue, modify, or terminate an account with respect to stocks, bonds, and financial instruments;
(3)Pledge stocks, bonds, and financial instruments 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, bonds, and financial instruments;
(5)Exercise voting rights with respect to stocks, bonds, and financial instruments in person or by proxy, enter into voting trusts, and consent to limitations on the right to vote;
(6)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
(7)Establish, continue, modify, and terminate option accounts.
[ 2016 c 209 s 206 .]