There Is a Newer Version
of
the Code of Virginia
2011 Code of Virginia
Title 26 FIDUCIARIES GENERALLY.
Chapter 7 Uniform Power of Attorney Act (26-72 thru 26-116)
26-101 Commodities and options.
Universal Citation:
VA Code § 26-101 (2001 through Reg Session)
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on the American Association of Law Libraries Universal Citation Guide and is not
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26-101. 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.
(2010, cc. 455, 632.)
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