N.Y. General Obligations Law Section 5-1503
Modifications of the statutory short form power of attorney

A power of attorney which satisfies the requirements of paragraphs (a), (b) and (c) of subdivision one of section 5-1501B and section 5-1513 of this title is not prevented from being a “statutory short form power of attorney”, by the fact that it also contains additional language at the section labeled “modifications” which:

1.

Eliminates from the statutory short form power of attorney one or more of the powers enumerated in one or more of the constructional sections of this title with respect to a subdivision of the statutory short form power of attorney, affirmatively chosen by the principal; or

2.

Supplements one or more of the powers enumerated in one or more of the constructional sections in this title with respect to a subdivision of the statutory short form power of attorney, affirmatively chosen by the principal, by specifically listing additional powers of the agent; or

3.

Makes some additional provision which is not inconsistent with the other provisions of the statutory short form power of attorney, including a provision revoking one or more powers of attorney previously executed by the principal.

Source: Section 5-1503 — Modifications of the statutory short form power of attorney, https://www.­nysenate.­gov/legislation/laws/GOB/5-1503 (updated Jun. 18, 2021; accessed Oct. 26, 2024).

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Accessed:
Oct. 26, 2024

Last modified:
Jun. 18, 2021

§ 5-1503’s source at nysenate​.gov

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