Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE13 GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS |
CHAPTER162A. Power of Attorney for Financial Matters and Durable Power of Attorney for Health Care Decisions |
POWER OF ATTORNEY (UNIFORM ACT) |
Authority |
NRS162A.510. Commodities and options.
Latest version.
- 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.
(Added to NRS by 2009, 186)