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Vt. Stat. Ann. tit. 14, § 4037

Commodities and options

Known as the Vermont Uniform Power of Attorney Act

The act spans §§ 14-4001 to 14-4063 (46 sections).

Added 2023, No. 60, § 1, eff

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.

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