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§ 64-2-1628 — Virginia Law | CourtGPT
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Virginia Legal Code

§ 64-2-1628

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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:\n1. 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\n2. Establish, continue, modify, and terminate option accounts.\n2010, cc. 455, 632, § 26-101; 2012, c. 614.