Official Code of Georgia Annotated

Title 10. COMMERCE AND TRADE · Chapter 6B. GEORGIA POWER OF ATTORNEY · Article 2. AUTHORITY OF AGENT

10-6B-45. Stocks and bonds.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds shall authorize the agent to:
(1)
Buy, sell, and exchange stocks and bonds;#
(2)
Establish, continue, modify, or terminate an account with respect to stocks and bonds;#
(3)
Pledge stocks and bonds as security to borrow, pay, renew, or extend the time of payment of a debt of the principal;#
(4)
Receive certificates and other evidences of ownership with respect to stocks and bonds; and#
(5)
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.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 10-6B-45, enacted by Ga. L. 2017, p. 435, § 2-1/HB 221.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t10-(v8)-2024-pdf.pdf, Volume V8, 2024 edition, page 1111; merge action: carried; file SHA-256 7afbade16da7.

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