(a) A power of appointment is:
(1) general or special.
(2) exclusive or non-exclusive.
(b) A power of appointment is general to the extent that it is
exercisable wholly in favor of the donee, his estate, his creditors or
the creditors of his estate.
(c) All other powers of appointment are special.
(d) A special power of appointment is exclusive if it may be exercised
in favor of one or more of the appointees to the exclusion of the
others.
(e) A special power of appointment is non-exclusive if it must be
exercised in favor of all the appointees.
Structure New York Laws