Statute · New York Surrogate's Court Procedure

N.Y. Surr. Ct. Proc. Act § 2115 — Review of costs of delegation by trustee 1

N.Y. Surr. Ct. Proc. Act § 2115

Type
Statute
Source
New York Surrogate's Court Procedure
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 2115. Review of costs of delegation by trustee

Citator

N.Y. Surr. Ct. Proc. Act § 2115 — Review of costs of delegation by trustee 1 is in force in the current edition of the Code, and nothing recorded condemns it.

§ 2115. Review of costs of delegation by trustee

1. At any time during the administration of a trust and irrespective of the pendency of a particular proceeding, the court with jurisdiction of the trust may review the reasonableness of the costs of a delegation by the trustee under section 11-2.3 of the estates, powers and trusts law and under section 554 of the not-for-profit corporation law.

2. A proceeding may be instituted by petition of the trustee or any person interested in the trust. No accounting shall be required in such proceeding.

3. The court shall grant such relief as it deems appropriate under the circumstances.

4. The terms "trust" and "trustee" as used in this section are defined in section 11-2.3 of the estates, powers and trusts law.