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2014 New York Laws
EPT - Estates, Powers & Trusts
Article 10 - POWERS
Part 6 - (10-6.1 - 10-6.9) RULES GOVERNING EXERCISE OF A POWER OF APPOINTMENT
10-6.5 - Exercise of exclusive and non-exclusive power of appointment

NY Est Pow & Trusts L § 10-6.5 (2014) What's This?
 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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