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Section 4454 Of Chapter 2. Construction Of Powers From California Probate Code >> Division 4.5. >> Part 3. >> Chapter 2.
4454
. In a statutory form power of attorney, the language granting
power with respect to commodity and option transactions empowers the
agent to do all of the following:
(a) Buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call and put options on stocks and stock indexes traded on a regulated option exchange.
(b) Establish, continue, modify, and terminate option accounts with a broker.
(a) Buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call and put options on stocks and stock indexes traded on a regulated option exchange.
(b) Establish, continue, modify, and terminate option accounts with a broker.
