New York Laws
Title 15 - Statutory Short Form and Other Powers of Attorney for Financial and Estate Planning
5-1501A - Power of Attorney Not Affected by Incapacity.

ยง 5-1501A. Power of attorney not affected by incapacity. 1. A power of
attorney is durable unless it expressly provides that it is terminated
by the incapacity of the principal.

2. The subsequent incapacity of a principal shall not revoke or
terminate the authority of an agent who acts under a durable power of
attorney. All acts done during any period of the principal's incapacity
by an agent pursuant to a durable power of attorney shall have the same
effect and inure to the benefit of and bind a principal and his or her
distributees, devisees, legatees and personal representatives as if such
principal had capacity. If a guardian is thereafter appointed for such
principal, such agent, during the continuance of the appointment, shall
account to the guardian rather than to such principal.

Structure New York Laws

New York Laws

GOB - General Obligations

Article 5 - Creation, Definition and Enforcement of Contractual Obligations

Title 15 - Statutory Short Form and Other Powers of Attorney for Financial and Estate Planning

5-1501 - Applications and Definitions.

5-1501A - Power of Attorney Not Affected by Incapacity.

5-1501B - Creation of a Valid Power of Attorney; When Effective.

5-1501C - Powers of Attorney Excluded From This Title.

5-1502A - Construction--Real Estate Transactions.

5-1502B - Construction--Chattel and Goods Transactions.

5-1502C - Construction--Bond, Share and Commodity Transactions.

5-1502D - Construction--Banking Transactions.

5-1502E - Construction--Business Operating Transactions.

5-1502F - Construction--Insurance Transactions.

5-1502G - Construction--Estate Transactions.

5-1502H - Construction--Claims and Litigation.

5-1502I - Construction--Personal and Family Maintenance.

5-1502J - Construction--Benefits From Governmental Programs or Civil or Military Service.

5-1502K - Construction--Matters Related to Health Care.

5-1502L - Construction--Retirement Benefit Transactions.

5-1502M - Construction--Tax Matters.

5-1502N - Construction--All Other Matters.

5-1503 - Modifications of the Statutory Short Form Power of Attorney.

5-1504 - Acceptance of and Reliance Upon Acknowledged and Witnessed Statutory Short Form Power of Attorney.

5-1505 - Standard of Care; Fiduciary Duties; Compelling Disclosure of Record.

5-1506 - Compensation.

5-1507 - Signature of Agent.

5-1508 - Co-Agents and Successor Agents.

5-1509 - Appointment of Monitor.

5-1510 - Special Proceedings.

5-1511 - Termination or Revocation of Power of Attorney; Notice.

5-1512 - Powers of Attorney Executed in Other Jurisdictions.

5-1513 - Statutory Short Form Power of Attorney.