S.C. Code § 62-8-207

Current through 2024 Act No. 225.

Section 62-8-207 - Commodities and options

Unless the power of attorney otherwise provides and subject to Section 62-8-201, 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.

S.C. Code § 62-8-207

Added by 2016 S.C. Acts, Act No. 279 (SB 778), s 1, eff. 1/1/2017.