Legislation

Search OpenLegislation Statutes

The Laws of New York
Consolidated Laws of New York
CHAPTER 17-B
Estates, Powers & Trusts
ARTICLE 10
Powers
PART 10
Provisions Affecting Powers Other Than Powers of Appointment
previous
SECTION 10-10.5
Power to sell in a mortgage
up
PART 10
Provisions Affecting Powers Other Than Powers of Appointment
next
SECTION 10-10.7
Exercise of powers by multiple fiduciaries; joint and several
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 10-10.6
Effect of reserved unqualified power to revoke
Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 10, PART 10
§ 10-10.6 Effect of reserved unqualified power to revoke

Where a creator reserves an unqualified power of revocation, he
remains the absolute owner of the property disposed of so far as the
rights of his creditors or purchasers are concerned.