There is a newer version of this Section
2017 New Mexico Statutes
Chapter 45 - Uniform Probate Code
Article 5B - Uniform Power of Attorney
Section 45-5B-207 - Commodities and options.
Universal Citation: NM Stat § 45-5B-207 (2017)
45-5B-207. Commodities and options.
Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to commodities and options authorizes the agent to:
A. 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
B. establish, continue, modify and terminate option accounts.
History: Laws 2007, ch. 135, 207; 1978 Comp., 46B-1-207 recompiled as 45-5B-207 by Laws 2011, ch. 124, 102.
Disclaimer: These codes may not be the most recent version. New Mexico 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.