Stocks and Bonds
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Law
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Georgia Code
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Commerce and Trade
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Georgia Power of Attorney
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Authority of Agent
- 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 shall authorize the agent to:
- Buy, sell, and exchange stocks and bonds;
- Establish, continue, modify, or terminate an account with respect to stocks and bonds;
- Pledge stocks and bonds as security to borrow, pay, renew, or extend the time of payment of a debt of the principal;
- Receive certificates and other evidences of ownership with respect to stocks and bonds; and
- 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.
(Code 1981, §10-6B-45, enacted by Ga. L. 2017, p. 435, § 2-1/HB 221.)
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