Legal definition of SMGR
Power Of Attorney Legal Terminology

SMGR

1
SMGR stands for a Statutory Major Gifts Rider. Statutory major gifts rider is a new term adopted by the NY Legislature in 2008. The Statutory major gifts rider (SMGR) must be a part of a valid NY Statutory Short Form of a Power of attorney.
It means a document by which the principal (a person executing a Power of attorney) may supplement a statutory short form power of attorney to authorize an agent to make major gift transactions and other transfers.
The use of the form set forth in subdivision ten of section 5-1514 of NY General Obligations Law.
A statutory major gifts rider and the statutory short form power of attorney it supplements must be read together as a single instrument.
Find a legal term by clicking on the first letter of a legal word or phrase:
Book of the Day in our Store
Share it on TwitterFacebook
Ain't Nobody's Business If You Do: The Absurdity of Consensual Crimes in a Free SocietyAin't Nobody's Business If You Do: The Absurdity of Consensual Crimes in a Free Society
by Peter McWilliams
  • Price: $9.95
from $2.49
View
Conflict of Laws: Cases -- Comments -- QuestionsConflict of Laws: Cases -- Comments -- Questions
by David P.Currie, Herma Hill Kay, Larry Kramer, Kermit Roosevelt
from $5.99
View
Gloria BackusAttorney at LawPRACTICE AREA: Family Law, Military Law & Military Benefits
Steven J KrupaAttorney at LawPRACTICE AREA: Criminal Defense, Military Law & Military Benefits
Brian E ColeAttorney at LawPRACTICE AREA: Business Law, Labor & Employment Law, Intellectual Property, Military Law & Military Benefits
Palm Beach PostQuestion: My sister "Fran" and I are co-agents on our father's durable power of attorney. We both need to sign off to get anything done. Unfortunately she and I had a serious falling out last year. Since then, our father's dementia has dramatically ... more »
nwitimes.comQ: My parents' power of attorney says that I can only take over their affairs if they are unable to handle them. How do I prove that? Do they have to be declared incompetent? A: The type of power of attorney that you are describing is known as a ... more »
Finance News DailyHealthy Minds Group, Llc, Limited Liability Company just submitted form D because of $500,000 equity and debt financing. This is a new filing. Healthy Minds Group was able to finance itself with $75,000 so far. That is 15.00 % of the fundraising offer ... more »
It's a free online legal dictionary search engine for definitions of legal terminology and legal words, legal abbreviations, and legal jargon you may meet when reading legal acts, law books, documents, legal forms and other legal content