2011 Louisiana Laws
Revised Statutes
TITLE 9 — Civil code-ancillaries
RS 9:3873 — Commodity and option transactions; powers granted
§3873. Commodity and option transactions; powers granted
In a military power of attorney, the language granting power with respect to commodity and option transactions empowers the agent to do all of the following:
(1) 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.
(2) Establish, continue, modify, and terminate option accounts with a broker.
Acts 1991 1st E.S., No. 5, §1, eff. April 17, 1991; Acts 1995, No. 1131, §1.
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