457.300 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 a nd call or put options on stocks or stock indexes traded on a regulated option exchange; and (2) Establish, continue, modify, and terminate option accounts. Effective: July 15, 2020 History: Created 2020 Ky. Acts ch. 41, sec. 49, effective July 15, 2020.
Kentucky Legal Code