N.Y. Estates, Powers & Trusts Law § 10-6.9: Exercise of a power of appointment in further trust

§ 10-6.9. Exercise of a power of appointment in further trust

If the donee of a power of appointment exercises the power in favor of

the trustee of a trust under a will or deed other than that under which

the power was created, and if said exercise is otherwise valid, the

appointive property shall be paid over to and administered by the

trustee of, and under the terms of, the trust under such will or deed

and jurisdiction over said appointive property shall thereafter be in

the court having jurisdiction of the trust under such will or deed.