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2017 Utah Code
Title 75 - Utah Uniform Probate Code
Chapter 9 - Uniform Power of Attorney Act
Part 2 - Authority
Section 207 - Commodities and options.
Universal Citation: UT Code § 75-9-207 (2017)
Effective 5/10/2016
75-9-207. 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:
Enacted by Chapter 256, 2016 General Session
75-9-207. 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:
- (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.
Enacted by Chapter 256, 2016 General Session
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