CA Prob Code Section 4454

In a statutory form power of attorney, the language granting power with respect to commodity and option transactions empowers the agent to do all of the following:


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.


Establish, continue, modify, and terminate option accounts with a broker.
Last Updated

Aug. 19, 2023

§ 4454’s source at ca​.gov