Legal definition of Statutory major gifts rider
Power Of Attorney Legal Terminology

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
Wills, Trusts, and Estates, Ninth Edition (Aspen Casebook)Wills, Trusts, and Estates, Ninth Edition (Aspen Casebook)
by Jesse Dukeminier, Robert H. Sitkoff
  • List Price: $248.00
  • Price: $138.72
  • You Save: $109.28 (44%)
from $25.00
The Official LSAT PrepTest 74: (Dec. 2014 LSAT)The Official LSAT PrepTest 74: (Dec. 2014 LSAT)
by Law School Admission Council
  • List Price: $10.00
  • Price: $8.50
  • You Save: $1.50 (15%)
from $3.99
Michael K HouriganAttorney at LawPRACTICE AREA: Business Law, Litigation, Military Law & Military Benefits
David P YorkAttorney at LawPRACTICE AREA: Family Law, Administrative Law, Business Law, Health Care Law, Immigration Law, Environmental Law, Litigation, Industrial Development Law, Military Law & Military Benefits
Virginia L LandryAttorney at LawPRACTICE AREA: Criminal Defense, Military Law & Military Benefits
JD Supra (press release)A healthcare or medical Power of Attorney selects someone to make medical decisions if an individual becomes incapacitated or unable to make medical decisions. It should include HIPPA language that allows medical professionals to discuss confidential ... more »
JD Supra (press release)Powers of attorney can be matters of convenience or matters of necessity – the principal either doesn't want to do something or the principal can't do something. For the agents under a power of attorney, allowing yourself to be named as an agent may be ... more »
Seacoastonline.comWith all the rancor in Washington, few celebrate the “power of attorneys” like we might have celebrated getting a permission slip when we were young. But over the past year, a group of some of New Hampshire's finest lawyers, representatives of the ... 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