N.Y. SCP. LAW § 2211 : NY Code - Section 2211: Voluntary account; proceedings thereupon 1
Search N.Y. SCP. LAW § 2211 : NY Code - Section 2211: Voluntary account; proceedings thereupon 1
On the return of process issued as prescribed in the preceding
section the court must take the account, hear the proofs of the parties
respecting it and make such order or decree as justice shall require.
2. The fiduciary may be examined under oath by any party to the
proceeding either before or after filing objections, if any, to the
account, as to any matter relating to his or her administration of the
estate. The party conducting such examination shall be entitled to all
rights granted under article thirty-one of the civil practice law and
rules with respect to document discovery, regardless of whether such
examination takes place before or after such party files objections.
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Voluntary account; process Upon a voluntary judicial settlement of the account of a fiduciary process must issue to: 1
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Accounting for profit and loss No profit shall be made by a fiduciary by the increase nor shall he sustain any loss by the decrease or loss without his fault of any part of the estate, but he shall be charged with the increase and credited for the decrease or loss on the settlement of his accounts