N.Y. Estates, Powers & Trusts Law § 10-6.5: Exercise of exclusive and non-exclusive power of appointment

§ 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.