Stocks and Bonds.

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3-9-206. Stocks and bonds.

(a) 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:

(i) Buy, sell and exchange stocks and bonds;

(ii) Establish, continue, modify or terminate an account with respect to stocks and bonds;

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

(iv) Receive certificates and other evidences of ownership with respect to stocks and bonds;

(v) 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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