Article 5: PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY
Part 9: MAINE UNIFORM POWER OF ATTORNEY ACT
Subpart 2: AUTHORITY
§5-936. 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: [2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF).]
(a). Buy, sell and exchange stocks and bonds;
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
(b). Establish, continue, modify or terminate an account with respect to stocks and bonds;
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
(c). Pledge stocks and bonds as security to borrow, pay, renew or extend the time of payment of a debt of the principal;
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
(d). Receive certificates and other evidences of ownership with respect to stocks and bonds; and
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
(e). 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.
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
Article 5: PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY
Part 9: MAINE UNIFORM POWER OF ATTORNEY ACT
Subpart 2: AUTHORITY
§5-936. 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: [2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF).]
(a). Buy, sell and exchange stocks and bonds;
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
(b). Establish, continue, modify or terminate an account with respect to stocks and bonds;
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
(c). Pledge stocks and bonds as security to borrow, pay, renew or extend the time of payment of a debt of the principal;
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
(d). Receive certificates and other evidences of ownership with respect to stocks and bonds; and
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
(e). 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.
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
Article 5: PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY
Part 9: MAINE UNIFORM POWER OF ATTORNEY ACT
Subpart 2: AUTHORITY
§5-936. 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: [2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF).]
(a). Buy, sell and exchange stocks and bonds;
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
(b). Establish, continue, modify or terminate an account with respect to stocks and bonds;
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
(c). Pledge stocks and bonds as security to borrow, pay, renew or extend the time of payment of a debt of the principal;
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
(d). Receive certificates and other evidences of ownership with respect to stocks and bonds; and
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
(e). 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.
[ 2009, c. 292, §2 (NEW); 2009, c. 292, §6 (AFF) .]
