Louisiana § RS 9:3872 - Stock and bond transactions; powers granted
Full text of Louisiana Louisiana Civil Code § RS 9:3872 — Stock and bond transactions; powers granted, with citation guidance and answers to common questions.
§ RS 9:3872. Stock and bond transactions; powers granted
In a military power of attorney, the language granting power with respect to stock and bond transactions empowers the agent to do all of the following:
(1) Buy, sell, and exchange stocks, bonds, mutual funds, and all other types of securities and financial instruments except commodity futures contracts and call and put options on stocks and stock indexes.
(2) Receive certificates and other evidence of ownership with respect to securities.
(3) 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.
Acts 1991 1st E.S., No. 5, §1, eff. April 17, 1991; Acts 1995, No. 1131, §1.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 9:3872
What does Louisiana Civil Code § RS 9:3872 cover?
Section RS 9:3872 ("Stock and bond transactions; powers granted") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Louisiana § RS 9:3872?
A common citation format is "Louisiana Civil Code § RS 9:3872" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 9:3872 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.