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Utah Code
2025 Utah Code
Title 75A - Fiduciaries
Chapter 2 - Uniform Power of Attorney Act
Part 2 - Authority
Section 207 - Commodities and options.
Universal Citation:
UT Code § 75A-2-207 (2025)
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Effective 9/1/2024
75A-2-207. 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:
Renumbered and Amended by Chapter 364, 2024 General Session
75A-2-207. 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.
Renumbered and Amended by Chapter 364, 2024 General Session
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