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New York State Bar Association Statutory Short Form Power of Attorney, Major Gifts Rider Authorization, 7/28/09 Power of Attorney New York Statutory Major Gifts Rider Authorization to Make Major Gifts.

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A separate Statutory Gifts Rider is now rendered obsolete. The new law permits a principal to modify the standard power of attorney form to authorize the principal to make gifts up to a limit of $5,000 in a single year. That's an increase from the prior limit of $500, under the old law.

1. Public servants cannot accept a gift worth $50 or more (also called a “valuable gift”) from a City vendor, meaning any person or firm who the public servant knows is, or intends to become, engaged in business dealings with the City.

A separate Statutory Gifts Rider is now rendered obsolete. The new law permits a principal to modify the standard power of attorney form to authorize the principal to make gifts up to a limit of $5,000 in a single year. That's an increase from the prior limit of $500, under the old law.

The gift rule provides that no public servant may accept a valuable gift (i.e. one worth $50 or more) from a person or firm doing business with the City. Accepting two or more gifts totaling $50 or more that are given by the same person or firm within a twelve-month period also violates the gift rule.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232