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§ 21-2602-07 — District of Columbia Law | CourtGPT
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  4. Title 21 - Fiduciary Relations and Persons with Mental Illness. [Enacted Title]/
  5. Chapter 26 - Uniform Power of Attorney Actsub/
  6. Subchapter II - Authority§ 21–2602.01. Authority That Requires Specific Grant; Grant of General Authority/
  7. § 21-2602-07
District of Columbia Legal Code

§ 21-2602-07

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07. 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. (Feb. 23, 2023, D.C. Law 24-236, § 2(d), 69 DCR 14660.)