Public-domain · open source
OpenJurist

Me. Rev. Stat. tit. 18-C, § 5-937

Commodities and options

PL 2017, c. 402, Pt

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. Commodity futures, stock options. 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. Option accounts. Establish, continue, modify and terminate option accounts.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.