Statute · New York Estates, Powers & Trusts Law

N.Y. Est. Powers & Trusts Law § 10-10.6 — Effect of reserved unqualified power to revoke

N.Y. Est. Powers & Trusts Law § 10-10.6

Type
Statute
Source
New York Estates, Powers & Trusts Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 10-10.6 Effect of reserved unqualified power to revoke

Citator

N.Y. Est. Powers & Trusts Law § 10-10.6 — Effect of reserved unqualified power to revoke is in force in the current edition of the Code, and nothing recorded condemns it.

§ 10-10.6 Effect of reserved unqualified power to revoke

Where a creator reserves an unqualified power of revocation, he remains the absolute owner of the property disposed of so far as the rights of his creditors or purchasers are concerned.