Oklahoma § 58-3030 - Commodities and options

Full text of Oklahoma Oklahoma Statutes § 58-3030 — Commodities and options, with citation guidance and answers to common questions.

§ 58-3030. 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:

1. 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

2. Establish, continue, modify and terminate option accounts.

Added by Laws 2021, c. 332, § 30, eff. Nov. 1, 2021.

Frequently Asked Questions About Oklahoma § 58-3030

What does Oklahoma Statutes § 58-3030 cover?

Section 58-3030 ("Commodities and options") 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 § 58-3030?

A common citation format is "Oklahoma Statutes § 58-3030" (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 § 58-3030 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.