Section 5-1503 - Modifications of the statutory short form power of attorneyA power of attorney which satisfies the requirements of paragraphs (a), (b) and (c) of subdivision one of section 5-1501 B 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; or2. 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; or3. 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.N.Y. Gen. Oblig. Law § 5-1503
Amended by New York Laws 2020, ch. 323,Sec. 13, eff. 6/13/2021.