Louisiana § RS 9:3873 - Commodity and option transactions; powers granted
Full text of Louisiana Louisiana Civil Code § RS 9:3873 — Commodity and option transactions; powers granted, with citation guidance and answers to common questions.
§ RS 9:3873. Commodity and option transactions; powers granted
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.
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 9:3873
What does Louisiana Civil Code § RS 9:3873 cover?
Section RS 9:3873 ("Commodity and option 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 9:3873?
A common citation format is "Louisiana Civil Code § RS 9:3873" (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 9:3873 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.