Va. Code Ann. § 64.2-1628 – Commodities and options | Midpage
§ 64.2-1628
Va. Code Ann. § 64.2-1628
Commodities and options
Effective Jul 1, 20122010, cc. 455, 632, § 26-101; 2012, c. 614.
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.