Section 3-9-206 - Stocks and Bonds

3-9-206. Stocks and bonds. (a) Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds authorizes the agent to: (i) Buy, sell and exchange stocks and bonds; (ii) Establish, continue, modify or terminate an account with respect to stocks and bonds; (iii) Pledge stocks and bonds as security to borrow, pay, renew or extend the time of payment of a debt of the principal; (iv) Receive certificates and other evidences of ownership with respect to stocks and bonds; (v) Exercise voting rights with respect to stocks and bonds in person or by proxy, enter into voting trusts and consent to limitations on the right to vote.