Texas Estates Code

§ 752.104 — STOCK AND BOND TRANSACTIONS

ES § 752.104Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY · Part P. DURABLE POWERS OF ATTORNEY · Ch. 752. STATUTORY DURABLE POWER OF ATTORNEY · Art. C. CONSTRUCTION OF POWERS RELATED TO STATUTORY DURABLE POWER OF ATTORNEY

Statute text

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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;

…

Legislative history

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