Usufruct
R.S. 9:3873

Commodity and option transactions; powers granted ACTIVE

In a military power of attorney, the language granting power with respect to commodity and option transactions empowers the agent to do all of the following:

(1) Buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call and put options on stocks and stock indexes traded on a regulated option exchange.

(2) Establish, continue, modify, and terminate option accounts with a broker.

Acts 1991 1st E.S., No. 5, §1, eff. April 17, 1991; Acts 1995, No. 1131, §1.

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Cite R.S. 9:3873

Bluebook
La. Rev. Stat. Ann. § 9:3873 (2026).
Permalink
https://theusufruct.com/rs/title-9/section-3873
BibTeX
@misc{larevstat-9-3873,
  title        = {La. Rev. Stat. Ann. § 9:3873},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-9/section-3873},
  note         = {Snapshot 2026-05-22}
}