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2017 Code of Virginia
Title 64.2 - Wills, Trusts, and Fiduciaries
Chapter 16 - Uniform Power of Attorney Act
§ 64.2-1628. Commodities and options
Universal Citation: VA Code § 64.2-1628 (2017)
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, ยง 26-101; 2012, c. 614.
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