There is a newer version
of
this Section
2021 California Code
Probate Code - PROB
DIVISION 4.5 - POWERS OF ATTORNEY
PART 3 - UNIFORM STATUTORY FORM POWER OF ATTORNEY
CHAPTER 2 - Construction of Powers
Section 4453.
Universal Citation: CA Prob Code § 4453 (2021)
4453.
In a statutory form power of attorney, the language granting power with respect to stock and bond transactions empowers the agent to do all of the following:
(a) Buy, sell, and exchange stocks, bonds, mutual funds, and all other types of securities and financial instruments except commodity futures contracts and call and put options on stocks and stock indexes.
(b) Receive certificates and other evidences of ownership with respect to securities.
(c) Exercise voting rights with respect to securities in person or by proxy, enter into voting trusts, and consent to limitations on the right to vote.
(Added by Stats. 1994, Ch. 307, Sec. 16. Effective January 1, 1995.)
Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
