Statute · New York Estates, Powers & Trusts Law
N.Y. Est. Powers & Trusts Law § 10-6.5 — Exercise of exclusive and non-exclusive power of appointment
N.Y. Est. Powers & Trusts Law § 10-6.5
- Type
- Statute
- Source
- New York Estates, Powers & Trusts Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 10-6.5 Exercise of exclusive and non-exclusive power of appointment
Citator
N.Y. Est. Powers & Trusts Law § 10-6.5 — Exercise of exclusive and non-exclusive power of appointment is in force in the current edition of the Code, and nothing recorded condemns it.
§ 10-6.5 Exercise of exclusive and non-exclusive power of appointment
(a) Unless the donor expressly provides otherwise:
(1) The donee of an exclusive power may appoint all or any part of the appointive property to one or more of the appointees to the exclusion of the others.
(2) The donee of a non-exclusive power must appoint in favor of all of the appointees equally.