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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>375961</law_id><section_number>64.2-1627</section_number><catch_line>Stocks and bonds</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="136" identifier="64.2">Wills, Trusts, and Fiduciaries</unit><unit label="subtitle" level="2" order_by="4" identifier="IV">Fiduciaries and Guardians</unit><unit label="part" level="3" order_by="2" identifier="B">Powers of Attorney</unit><unit label="chapter" level="4" order_by="1" identifier="16">Uniform Power of Attorney Act</unit><unit label="article" level="5" order_by="2" identifier="2">Authority</unit></structure><text>
						<section><p>Unless the <span class="dictionary">power of attorney</span> otherwise provides, language in a <span class="dictionary">power of attorney</span> granting general authority with respect to <span class="dictionary">stocks and bonds</span> authorizes the <span class="dictionary">agent</span> to:</p></section>
						<section id="1"><p><span class="prefix-number">1.</span> Buy, sell, and exchange <span class="dictionary">stocks and bonds</span>; <a id="paragraph-1403709" class="section-permalink" href="https://vacode.org/64.2-1627/#1"><i class="fa fa-link"/></a></p></section>
						<section id="2"><p><span class="prefix-number">2.</span> Establish, continue, modify, or terminate an account with respect to <span class="dictionary">stocks and bonds</span>; <a id="paragraph-1403710" class="section-permalink" href="https://vacode.org/64.2-1627/#2"><i class="fa fa-link"/></a></p></section>
						<section id="3"><p><span class="prefix-number">3.</span> Pledge <span class="dictionary">stocks and bonds</span> as security to borrow, pay, renew, or extend the time of payment of a debt of the <span class="dictionary">principal</span>; <a id="paragraph-1403711" class="section-permalink" href="https://vacode.org/64.2-1627/#3"><i class="fa fa-link"/></a></p></section>
						<section id="4"><p><span class="prefix-number">4.</span> Receive certificates and other <span class="dictionary">evidences</span> of ownership with respect to <span class="dictionary">stocks and bonds</span>; and <a id="paragraph-1403712" class="section-permalink" href="https://vacode.org/64.2-1627/#4"><i class="fa fa-link"/></a></p></section>
						<section id="5"><p><span class="prefix-number">5.</span> Exercise voting rights with respect to <span class="dictionary">stocks and bonds</span> in <span class="dictionary">person</span> or by proxy, enter into voting trusts, and consent to limitations on the right to vote. <a id="paragraph-1403713" class="section-permalink" href="https://vacode.org/64.2-1627/#5"><i class="fa fa-link"/></a></p></section></text><history>2010, cc. 455, 632, &#xA7; 26-100; 2012, c. 614.</history><metadata></metadata></law>
