N.Y. GOB Law § 5-1503
This is the official text of N.Y. GOB Law § 5-1503, part of New York’s GOB Law — part of the compiled statutory law of New York, published by the state as "GOB Law." Browse the sections below, each linked to its official government source.
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Modifications of the statutory short form power of attorney
Official statutory text
§ 5-1503. Modifications of the statutory short form power of attorney.\nA power of attorney which satisfies the requirements of paragraphs (a),\n(b) and (c) of subdivision one of section 5-1501B and section 5-1513 of\nthis title is not prevented from being a "statutory short form power of\nattorney", by the fact that it also contains additional language at the\nsection labeled "modifications" which:\n 1. Eliminates from the statutory short form power of attorney one or\nmore of the powers enumerated in one or more of the constructional\nsections of this title with respect to a subdivision of the statutory\nshort form power of attorney, affirmatively chosen by the principal; or\n 2. Supplements one or more of the powers enumerated in one or more of\nthe constructional sections in this title with respect to a subdivision\nof the statutory short form power of attorney, affirmatively chosen by\nthe principal, by specifically listing additional powers of the agent;\nor\n 3. Makes some additional provision which is not inconsistent with the\nother provisions of the statutory short form power of attorney,\nincluding a provision revoking one or more powers of attorney previously\nexecuted by the principal.\n
Status: in_force · Read it on the official government site
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