Skip to content
ChatProjectCodes

Earlier editions: 2020-112018-112026-09

DIVISION 4.5. POWERS OF ATTORNEY 4000-4545›PART 3. UNIFORM STATUTORY FORM POWER OF ATTORNEY 4400-4465›CHAPTER 2. Construction of Powers 4450-4465

§ 4454

California Probate Code · 2026-10 edition · updated 2026-10-04 · California

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

(a) 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.

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

(Added by Stats. 1994, Ch. 307, Sec. 16. Effective January 1, 1995.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — California Probate Code
California Probate Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.