Stocks and bonds
Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds authorizes the agent to:
(1) buy, sell, and exchange stocks and bonds;
(2) establish, continue, modify, or terminate an account with respect to stocks and bonds;
(3) pledge stocks and bonds as security to borrow, pay, renew, or extend the time of payment of a debt of the principal;
(4) receive certificates and other evidences of ownership with respect to stocks and bonds; and
(5) exercise voting rights with respect to stocks and bonds in person or by proxy, enter into voting trusts, and consent to limitations on the right to vote.
| EnactedEn. SectionSec. 4, ChapterCh. 580, Laws ofL. 1991 |
| AmendedAmd. SectionSec. 118, ChapterCh. 494, Laws ofL. 1993 |
| SectionSec. 72-31-204, Montana Code AnnotatedMCA 1991 |
| RedesignatedRedes. 72-31-226 by Code Commissioner, 1993 |
| AmendedAmd. SectionSec. 32, ChapterCh. 109, Laws ofL. 2011 (HB 374 - Hansen, Kris (R) HD 33) |
| SectionSec. 72-31-226, Montana Code AnnotatedMCA 2009 |
| RedesignatedRedes. 72-31-341 by Code Commissioner, 2011. |