Agent authority — Stocks, bonds, and financial instruments.

RCW 11.125.290

in effect

Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks, bonds, and financial instruments authorizes the agent to: (1) Buy, sell, and exchange stocks, bonds, and financial instruments; (2) Establish, continue, modify, or terminate an account with respect to stocks, bonds, and financial instruments; (3) Pledge stocks, bonds, and financial instruments as security to borrow, pay, renew, or extend the time of payment of a debt of the principal; (4) Receive certificates and other evidences of ownership with respect to stocks, bonds, and financial instruments; (5) Exercise voting rights with respect to stocks, bonds, and financial instruments in person or by proxy, enter into voting trusts, and consent to limitations on the right to vote; (6) 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 (7) Establish, continue, modify, and terminate option accounts. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks, bonds, and financial instruments authorizes the agent to: (1) Buy, sell, and exchange stocks, bonds, and financial instruments; (2) Establish, continue, modify, or terminate an account with respect to stocks, bonds, and financial instruments; (3) Pledge stocks, bonds, and financial instruments as security to borrow, pay, renew, or extend the time of payment of a debt of the principal; (4) Receive certificates and other evidences of ownership with respect to stocks, bonds, and financial instruments; (5) Exercise voting rights with respect to stocks, bonds, and financial instruments in person or by proxy, enter into voting trusts, and consent to limitations on the right to vote; (6) 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 (7) Establish, continue, modify, and terminate option accounts.

Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=11.125&full=trueFetched: 6/28/2026