5-1503 - Modifications of the statutory short form power of attorney and of the statutory gifts rider.

§ 5-1503. Modifications  of the statutory short form power of attorney  and of the statutory gifts rider. A power of  attorney  which  satisfies  the  requirements  of  paragraphs (a), (b) and (c) of subdivision one of  section 5-1501B and section 5-1513 of this title is not  prevented  from  being  a  "statutory short form power of attorney", and a document which  satisfies the requirements of  section  5-1514  of  this  title  is  not  prevented  from being a "statutory gifts rider" as either of these terms  is used in the sections of this title, by the fact that it also contains  additional language at the section labeled "modifications" which:    1. Eliminates from the statutory short form power of attorney or  from  the statutory gifts rider one or more of the powers enumerated in one or  more  of  the  constructional  sections  of this title with respect to a  subdivision of the statutory short form power  of  attorney  or  of  the  statutory gifts rider, affirmatively chosen by the principal; or    2.  Supplements one or more of the powers enumerated in one or more of  the constructional sections in this title with respect to a  subdivision  of  the statutory short form power of attorney or of the statutory gifts  rider, affirmatively chosen by the principal,  by  specifically  listing  additional powers of the agent; or    3.  Makes some additional provision which is not inconsistent with the  other provisions of the statutory short form power of attorney or of the  statutory gifts rider, including a provision revoking one or more powers  of attorney previously executed by the principal.