N.Y. Estates, Powers & Trusts Law Section 10-8.4
Rule against accumulations

  • law determining validity in
§ 10-8.4 Rule against accumulations; law determining validity in exercise of a power of appointment When a direction for the accumulation of income is contained in an instrument exercising a power, heretofore or hereafter created, the validity of such direction is determined by the law in effect when the power is exercised, and not by the law in effect when the power was created.

Source: Section 10-8.4 — Rule against accumulations; law determining validity in, https://www.­nysenate.­gov/legislation/laws/EPT/10-8.­4 (updated Sep. 22, 2014; accessed May 4, 2024).

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Accessed:
May 4, 2024

Last modified:
Sep. 22, 2014

§ 10-8.4’s source at nysenate​.gov

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