Statute · New York Surrogate's Court Procedure

N.Y. Surr. Ct. Proc. Act § 1305 — Discharge of debtor, transfer agent, safe deposit company, bank, trust company or other person The delivery by a voluntary administrator ...

N.Y. Surr. Ct. Proc. Act § 1305

Type
Statute
Source
New York Surrogate's Court Procedure
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

§ 1305. Discharge of debtor, transfer agent, safe deposit company, bank,

Citator

N.Y. Surr. Ct. Proc. Act § 1305 — Discharge of debtor, transfer agent, safe deposit company, bank, trust company or other person The delivery by a voluntary administrator ... is in force in the current edition of the Code, and nothing recorded condemns it.

§ 1305. Discharge of debtor, transfer agent, safe deposit company, bank,

trust company or other person

The delivery by a voluntary administrator to a debtor, transfer agent, safe deposit company, bank, trust company or other person holding or having custody or possession or control of any personal property of the decedent, of the short form certificate of the court, the receipt of the administrator, and the surrender of any evidentiary document, shall constitute a complete release and discharge for any payment of money or delivery of personal property made pursuant to the certificate, without such person being required to see to the application thereof and with the same effect as if made to any duly appointed fiduciary.