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WVC 39 B- 2 - 106 §39B-2-106. Stocks and bonds.

     (a) 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:

     (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.

Note: WV Code updated with legislation passed through the 2016 Regular Session
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