Oklahoma § 15-1009 - Construction of power relating to commodity and option
Full text of Oklahoma Oklahoma Statutes § 15-1009 — Construction of power relating to commodity and option, with citation guidance and answers to common questions.
§ 15-1009. Construction of power relating to commodity and option
transactions.
CONSTRUCTION OF POWER RELATING TO COMMODITY AND OPTION TRANSACTIONS
In a statutory power of attorney, the language granting power
with respect to commodity and option transactions empowers the agent
to 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, and establish,
continue, modify, and terminate option accounts with a broker.
Added by Laws 1998, c. 420, § 9, eff. Nov. 1, 1998.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 15-1009
What does Oklahoma Statutes § 15-1009 cover?
Section 15-1009 ("Construction of power relating to commodity and option") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. 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 Oklahoma § 15-1009?
A common citation format is "Oklahoma Statutes § 15-1009" (Oklahoma). 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 Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 15-1009 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma 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 Oklahoma.