La. Rev. Stat. § 9:3873
Commodity and option transactions; powers granted
Louisiana · Louisiana Revised Statutes Title 9 — Civil Code-Ancillaries · Status: effective
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- La. Rev. Stat. § 9:3873, Commodity and option transactions; powers granted, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2647488
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Full text
In a military power of attorney, the language granting power with respect to commodity and option transactions empowers the agent to do all of the following:
(1) 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.
(2) Establish, continue, modify, and terminate option accounts with a broker.