§ 10-3.1 Powers of appointment and other powers
§ 10-3.2 Classification of powers of appointment as to kind; general and
§ 10-3.3 Classification of powers of appointment as to time of exercise;
§ 10-3.4 Classification of powers of appointment as to duty to exercise;
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Terms Used In New York Laws > Estates, Powers and Trusts > Article 10 > Part 3 - Varieties of Powers

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Arrest: Taking physical custody of a person by lawful authority.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Donee: The recipient of a gift.
  • Donor: The person who makes a gift.
  • Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Statute: A law passed by a legislature.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.