Stocks and bonds

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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. (1) buy, sell, and exchange stocks and bonds;

  2. (2) establish, continue, modify, or terminate an account with respect to stocks and bonds;

  3. (3) pledge stocks and bonds as security to borrow, pay, renew, or extend the time of payment of a debt of the principal;

  4. (4) receive certificates and other evidences of ownership with respect to stocks and bonds; and

  5. (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.


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