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2014 New York Laws
EPT - Estates, Powers & Trusts
Article 10 - POWERS
Part 8 - (10-8.1 - 10-8.4) RULE AGAINST PERPETUITIES AND ACCUMULATIONS AS AFFECTED BY POWERS OF APPOINTMENT
10-8.3 - Rule against perpetuities; facts to be considered

NY Est Pow & Trusts L § 10-8.3 (2014) What's This?
10-8.3 Rule against perpetuities; facts to be considered

When  the  permissible period of the rule against perpetuities must be
  computed from the time of the creation  of  the  power  of  appointment,
  facts and circumstances existing on the effective date of the instrument
  exercising  the  power  shall  be  taken into account in determining the
  validity of interests created by the instrument exercising the power.

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