(1) 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: (a) Buy, sell, and exchange stocks and bonds; (b) Establish, continue, modify, or terminate an account with respect to stocks and bonds; (c) Pledge stocks and bonds as security to borrow, pay, renew, or extend the time of payment of a debt of the principal; (d) Receive certificates and other evidences of ownership with respect to stocks and bonds; and (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.
‹ Prev All Colorado sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.