N.Y. Estates, Powers and Trusts Law 10-1.1 – Common law of powers retained, except as modified by this
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§ 10-1.1 Common law of powers retained, except as modified by this
Terms Used In N.Y. Estates, Powers and Trusts Law 10-1.1
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
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The common law of powers as embodied in this article and as to matters not included herein, as heretofore established, is retained as the law of this state except as modified by the provisions of this article.