Ky. Rev. Stat. § 457.300

Current through 2024 Ky. Acts ch. 225

Section 457.300 - 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.

KRS 457.300

Effective: July 15, 2020
Created 2020 Ky. Acts ch. 41, sec. 49, effective 7/15/2020.