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2021 Delaware Code
Title 12 - Decedents' Estates and Fiduciary Relations
Chapter 49A. Durable Personal Powers of Attorney Act
Subchapter II. Authority
§ 49A-207. Commodities and options.
Universal Citation: 12 DE Code § 49A-207. (2021)
§ 49A-207. Commodities and options. 77 Del. Laws, c. 467, § 4;
Unless the personal power of attorney otherwise provides, language in a personal power of attorney granting general authority with respect to commodities and options authorizes the agent to:
(1) Buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call or put options on stocks or stock indexes traded on a regulated option exchange; and
(2) Establish, continue, modify, and terminate option accounts.
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