Statute · New York Debtor & Creditor Law
N.Y. Debt. & Cred. Law § 214 — Effect of order
N.Y. Debt. & Cred. Law § 214
- Type
- Statute
- Source
- New York Debtor & Creditor Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 214. Effect of order. Upon such order being granted, such trustee shall be discharged from the trust reposed in him, and his power and authority shall thereupon cease; but he shall, notwithstanding, remain subject to any liability he may have incurred, at any time previous to the granting of…
Citator
N.Y. Debt. & Cred. Law § 214 — Effect of order is in force in the current edition of the Code, and nothing recorded condemns it.
§ 214. Effect of order. Upon such order being granted, such trustee shall be discharged from the trust reposed in him, and his power and authority shall thereupon cease; but he shall, notwithstanding, remain subject to any liability he may have incurred, at any time previous to the granting of such order, in the management of his trust.