Stocks and bonds.

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(1) 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 ofpayment of a debt of the principal;

  4. Receive certificates and other evidences of ownership with respect to stocks andbonds; and

  5. Exercise voting rights with respect to stocks and bonds in person or by proxy, enterinto voting trusts, and consent to limitations on the right to vote.

Source: L. 2009: Entire part added, (HB 09-1198), ch. 106, p. 401, § 1, effective April 9.


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