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§ 49a-207 — Delaware Law | CourtGPT
  1. Home/
  2. Laws/
  3. Delaware/
  4. Title 12 - Decedents' Estates and Fiduciary Relations/
  5. Chapter 49a - Durable Personal Powers of Attorney Actsub/
  6. Subchapter II - Authority§ 49a-201. Grant of General Authority; Authority That Requires Specific Grant/
  7. § 49a-207
Delaware Legal Code

§ 49a-207

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§§ 49A-207. Commodities and options. Unless the personal power of attorney otherwise provides, language in a personal 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.77 Del. Laws, c. 467, § 4;