162A.510 - Commodities and options. - Nevada Statutes

162A.510  Commodities and options.  Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to commodities and options authorizes the agent to:

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

      2.  Establish, continue, modify and terminate option accounts.

      (Added to NRS by 2009, 186)