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2006 New York Code - Exercise Of Exclusive And Non-exclusive Power Of Appointment



 
    § 10-6.5 Exercise of exclusive and non-exclusive power of appointment
    (a) Unless the donor expressly provides otherwise:
    (1) The donee of an exclusive power may appoint all or any part of the
  appointive property to one or more of the appointees to the exclusion of
  the others.
    (2) The donee of a non-exclusive power must appoint in favor of all of
  the appointees equally.

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