Va. Code § 64.2-1628

Current with changes from the 2024 legislative session through ch. 845

Section 64.2-1628 - 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.

Va. Code § 64.2-1628

2010, cc. 455, 632, § 26-101; 2012, c. 614.

Amended by Acts 2012, § c.614.

Amended by Acts 2010, § cc. 455, 632,§ 26-101.