2023 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; and
10. 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.