Statutes > Idaho Statutes > TITLE 15 UNIFORM PROBATE CODE > CHAPTER 12 UNIFORM POWER OF ATTORNEY ACT > PART 2. AUTHORITY > 15-12-206 STOCKS AND BONDS.

15-12-206 STOCKS AND BONDS.

TITLE 15

UNIFORM PROBATE CODE

CHAPTER 12

UNIFORM POWER OF ATTORNEY ACT

PART 2.

AUTHORITY

15-12-206. Stocks and bonds. Unless a power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds authorizes the agent to:

(1) Buy, sell and exchange securities;

(2) Establish, continue, modify or terminate a securities account;

(3) Pledge securities as security in order 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 securities; and

(5) Exercise voting rights with respect to securities in person or by proxy, enter into voting trusts and consent to limitations on the right to vote.