Maine Revised Statutes

§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) .]
SECTION HISTORY
2009, c. 292, §2 (NEW). 2009, c. 292, §6 (AFF).