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Texas Estates Code - EST § 752.104. Stock and Bond Transactions

Current as of January 01, 2024 | Updated by Findlaw Staff

The language conferring authority with respect to stock and bond transactions in a statutory durable power of attorney empowers the attorney in fact or agent to:

(1) buy, sell, and exchange:

(A) stocks;

(B) bonds;

(C) mutual funds;  and

(D) all other types of securities and financial instruments other than commodity futures contracts and call and put options on stocks and stock indexes;

(2) receive certificates and other evidences of ownership with respect to securities;

(3) exercise voting rights with respect to securities in person or by proxy;

(4) enter into voting trusts;  and

(5) consent to limitations on the right to vote.

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Cite this article: FindLaw.com - Texas Estates Code - EST § 752.104. Stock and Bond Transactions - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-752-104/

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 before relying on it for your legal needs.

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