---
urn: urn:us-la:rs:9:3873
citation: "R.S. 9:3873"
status: active
breadcrumb: "Title 9 › Code Preliminary Title › Code Book III › Code Title XV › Chapter 3"
acts_citations:
---

# Commodity and option transactions; powers granted

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.