There is a newer version of the New York Consolidated Laws
2006 New York Code - Laws: Estates, Powers and Trusts: (11-2.1 - 11-2.4) Investments By Fiduciaries: Powers And Duties Relating Thereto
Part 2 - INVESTMENTS BY FIDUCIARIES: POWERS AND DUTIES RELATING THERETO11-2.1 - Principal and income
11-2.2 - Power to invest
11-2.3 - Prudent investor act
11-2.3-A - Judicial control with respect to fiduciary's power to adjust
11-2.4 - Optional unitrust provision
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