N.Y. Estates, Powers and Trusts Law 10-5.1 – Scope of the authority of the donee
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§ 10-5.1 Scope of the authority of the donee
Terms Used In N.Y. Estates, Powers and Trusts Law 10-5.1
- Donor: The person who makes a gift.
The scope of the donee's authority as to appointees and as to the time and manner of the appointment is unlimited except as the donor manifests a contrary intention.