Legislation
SECTION 5-1503
Modifications of the statutory short form power of attorney
General Obligations (GOB) CHAPTER 24-A, ARTICLE 5, TITLE 15
§ 5-1503. Modifications of the statutory short form power of attorney.
A power of attorney which satisfies the requirements of paragraphs (a),
(b) and (c) of subdivision one of section 5-1501B and section 5-1513 of
this title is not prevented from being a "statutory short form power of
attorney", by the fact that it also contains additional language at the
section labeled "modifications" which:
1. Eliminates from the statutory short form power of attorney one or
more of the powers enumerated in one or more of the constructional
sections of this title with respect to a subdivision of the statutory
short form power of attorney, affirmatively chosen by the principal; or
2. Supplements one or more of the powers enumerated in one or more of
the constructional sections in this title with respect to a subdivision
of the statutory short form power of attorney, affirmatively chosen by
the principal, by specifically listing additional powers of the agent;
or
3. Makes some additional provision which is not inconsistent with the
other provisions of the statutory short form power of attorney,
including a provision revoking one or more powers of attorney previously
executed by the principal.
A power of attorney which satisfies the requirements of paragraphs (a),
(b) and (c) of subdivision one of section 5-1501B and section 5-1513 of
this title is not prevented from being a "statutory short form power of
attorney", by the fact that it also contains additional language at the
section labeled "modifications" which:
1. Eliminates from the statutory short form power of attorney one or
more of the powers enumerated in one or more of the constructional
sections of this title with respect to a subdivision of the statutory
short form power of attorney, affirmatively chosen by the principal; or
2. Supplements one or more of the powers enumerated in one or more of
the constructional sections in this title with respect to a subdivision
of the statutory short form power of attorney, affirmatively chosen by
the principal, by specifically listing additional powers of the agent;
or
3. Makes some additional provision which is not inconsistent with the
other provisions of the statutory short form power of attorney,
including a provision revoking one or more powers of attorney previously
executed by the principal.