59-12-28. 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.

Source: SL 2020, ch 214, § 28.