There Is a Newer Version of the New York Consolidated Laws
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.
Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.