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.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.01, eff. January 1, 2014.