2006 New York Code - Fiduciary
ARTICLE 11 FIDUCIARY: POWERS, DUTIES AND LIMITATIONS; ACTIONS BY OR AGAINST IN REPRESENTATIVE OR INDIVIDUAL CAPACITIES PART 1. FIDUCIARIES: POWERS, DUTIES AND LIMITATIONS Section 11-1.1 Fiduciaries' powers. 11-1.2 Tax elections by personal representatives. 11-1.3 Power and duty of executor before probate. 11-1.4 Validity of execution of power to sell, mortgage or lease real property by less than all qualifying executors. 11-1.5 Payment of testamentary dispositions or distributive shares. 11-1.6 Property held as fiduciary to be kept separate. 11-1.7 Limitations on powers and immunities of executors and testamentary trustees. 11-1.8 Power of fiduciary or custodian for fiduciary to deposit United States government and agency securities with a federal reserve bank. 11-1.9 Power of Fiduciary or Custodian to Deposit Securities in a Central Depository. 11-1.10 Power of fiduciary to employ a broker-dealer as custodian 11-1.11 Limited power of fiduciary to amend trust for certain tax purposes. PART 2. INVESTMENTS BY FIDUCIARIES: POWERS AND DUTIES RELATING THERETO Section 11-2.1 Principal and income. 11-2.2 Power to invest. 11-2.3 Prudent investor act. 11-2.3-A Judicial control with respect to fiduciary's power to adjust 11-2.4 Optional unitrust provision. PART 3. ACTIONS BY OR AGAINST PERSONAL REPRESENTATIVES Section 11-3.1 Actions. 11-3.2 Action for injury to person or property survives despite death of person in whose favor or against whom cause of action existed. 11-3.3 Limitations upon recovery where injury causes death. 11-3.4 Action by representative of representative. PART 4. PROCEDURAL ASPECTS OF ACTIONS BY OR AGAINST PERSONAL REPRESENTATIVES Section 11-4.1 How to sue or be sued. 11-4.2 When personal and representative causes of action may be joined. 11-4.3 Separate dockets and executions. 11-4.4 Commencement of action against personal representatives; rule when some of representatives not served. 11-4.5 Want of assets not to be pleaded by personal representative. 11-4.6 Leave to issue execution against personal representative; how procured; order and contents thereof; security before order granted; execution on judgment recovered by predecessor representative. 11-4.7 Liability of the personal representative for claims arising out of the administration of the estate.
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