New Mexico § 45-5B-207 - Commodities and options
Full text of New Mexico New Mexico Statutes Annotated § 45-5B-207 — Commodities and options, with citation guidance and answers to common questions.
§ 45-5B-207. Commodities and options
Unless the power of attorney otherwise provides, language in a power of attorney granting
general authority with respect to commodities and options authorizes the agent to: A. buy, sell, exchange, assign, settle and exercise commodity futures contracts and
call or put options on stocks or stock indexes traded on a regulated option exchange;
and B. establish, continue, modify and terminate option accounts.
Frequently Asked Questions About New Mexico § 45-5B-207
What does New Mexico Statutes Annotated § 45-5B-207 cover?
Section 45-5B-207 ("Commodities and options") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. 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 New Mexico § 45-5B-207?
A common citation format is "New Mexico Statutes Annotated § 45-5B-207" (New Mexico). 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 New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 45-5B-207 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico 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 New Mexico.