NY Gen Oblig L § 5-1502H (2021)
2021 New York Laws GOB - General Obligations Article 5 - Creation, Definition and Enforcement of Contractual Obligations Title 15 - Statutory Short Form and Other Powers of Attorney for Financial and Estate Planning 5-1502H - Construction--Claims and Litigation.

§ 5-1502H. Construction--claims  and  litigation. In a statutory short   form power of attorney, the language conferring general  authority  with   respect  to "claims and litigation, " must be construed to mean that the   principal authorizes the agent:1. To assert and to prosecute before any court, administrative  board,   department,  commissioner or other tribunal, any cause of action, claim,   counterclaim, offset or defense, which the principal has, or  claims  to   have,  against  any  individual,  partnership, association, corporation,   government, or other person or instrumentality,  including,  by  way  of   illustration  and  not  of restriction, power to sue for the recovery of   land or of any other  thing  of  value,  for  the  recovery  of  damages   sustained  by  the  principal  in  any  manner,  for  the elimination or   modification  of  tax  liability,  for  an  injunction,   for   specific   performance, or for any other relief;2.  To  bring  an  action of interpleader or other action to determine   adverse  claims,  to  intervene  or  to  interplead  in  any  action  or   proceeding, and to act in any litigation as amicus curiae;3.  In connection with any action or proceeding or controversy, at law   or otherwise, to apply for and, if possible,  to  procure  a  libel,  an   attachment,  a  garnishment,  an  order  of arrest or other preliminary,   provisional or intermediate relief and to resort to and  to  utilize  in   all  ways  permitted by law any available procedure for the effectuation   or satisfaction of the judgment, order or decree obtained;4. In connection with any action or proceeding, at law  or  otherwise,   to  perform  any act which the principal might perform, including by way   of illustration and not of restriction, acceptance of tender,  offer  of   judgment,  admission  of  any facts, submission of any controversy on an   agreed statement of facts, consent  to  examination  before  trial,  and   generally  to  bind  the  principal  in the conduct of any litigation or   controversy as seems desirable to the agent;5. To submit to alternative dispute  resolution,  to  settle,  and  to   propose or to accept a compromise with respect to, any claim existing in   favor  of  or  against  the  principal,  or  any litigation to which the   principal is, or may become or be designated a party;6. To waive the issuance and service of a summons, citation  or  other   process  upon the principal, to accept service of process, to appear for   the principal, to designate persons upon whom process  directed  to  the   principal  may be served, to execute and to file or deliver stipulations   on the principal's behalf, to verify pleadings, to appeal  to  appellate   tribunals,  to  procure  and  to give surety and indemnity bonds at such   times and to such extent as the agent shall think  to  be  desirable  or   necessary,  to  contract  and  pay  for  the preparation and printing of   records and briefs, to receive and to execute and to file or deliver any   consent,  waiver,  release,  confession  of  judgment,  satisfaction  of   judgment,  notice,  agreement, or other instrument which the agent shall   think to be desirable or necessary in connection with  the  prosecution,   settlement or defense of any claim by or against the principal or of any   litigation  to  which  the principal is or may become or be designated a   party;7. To appear for, to represent and  to  act  for  the  principal  with   respect  to  bankruptcy  or insolvency proceedings, whether voluntary or   involuntary, whether of the principal or  of  some  other  person,  with   respect  to  any  reorganization  proceeding,  or  with  respect  to any   receivership or application for the appointment of a receiver or trustee   which, in any way, affects any interest of the principal  in  any  land,   chattel, bond, share, commodity interest, chose in action or other thing   of value; 8.  To hire, to discharge, and to compensate any attorney, accountant,   expert witness or other assistant or assistants  when  the  agent  shall   think such action to be desirable for the proper execution by him of any   of the powers described in this section;9.  To  pay,  from  funds  in  his  control  or for the account of the   principal, any judgment against the principal or  any  settlement  which   may  be  made  in  connection  with  any  transaction enumerated in this   section, and to receive and conserve any moneys or other things of value   paid in settlement of or as proceeds of one or more of the  transactions   enumerated  in  this  section,  and to receive and endorse checks and to   deposit the same; and10. In general, and in addition to  all  the  specific  acts  in  this   section enumerated, to do any other act or acts, which the principal can   do  through  an  agent,  in  connection with any claim by or against the   principal or with litigation to which the principal is or may become  or   be designated a party.All   powers   described  in  this  section  5-1502H  of  the  general   obligations law shall be exercisable equally with respect to  any  claim   or  litigation  existing  at  the  giving  of  the  power of attorney or   thereafter arising, and whether arising in the  state  of  New  York  or   elsewhere.