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Current as of January 01, 2024 | Updated by FindLaw Staff
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 do all of the following:
(A) Buy, sell, and exchange stocks and bonds;
(B) Establish, continue, modify, or terminate an account with respect to stocks and bonds;
(C) Pledge stocks and bonds as security to borrow, pay, renew, or extend the time of payment of a debt of the principal;
(D) Receive certificates and other evidences of ownership with respect to stocks and bonds;
(E) 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.
Cite this article: FindLaw.com - Ohio Revised Code Title XIII. Commercial Transactions § 1337.47 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-xiii-commercial-transactions/oh-rev-code-sect-1337-47/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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