N.Y. GOB. LAW § 5-1502N : NY Code - Section 5-1502N: Construction--all other matters
Search N.Y. GOB. LAW § 5-1502N : NY Code - Section 5-1502N: Construction--all other matters
In a statutory short form
power of attorney, the language conferring general authority with
respect to "all other matters" must be construed to mean that the
principal authorizes the agent to act as an alter ego of the principal
with respect to any and all possible matters and affairs which are not
enumerated in sections 5-1502A to 5-1502M, inclusive, of this title, and
which the principal can do through an agent; provided, however, that
such authority shall not include authorization for the agent to
designate a third party to act as agent for the principal or to make
medical or other health care decisions for the principal, except as
otherwise provided in subdivision one of section 5-1502K of this title.
« Prev
Construction--tax matters
Up
STATUTORY SHORT FORM AND OTHER POWERS OF ATTORNEY FOR FINANCIAL ESTATE PLANNING
Next »
Modifications of the statutory short form power of attorney and of the statutory major gifts rider