Statute · New York Surrogate's Court Procedure
N.Y. Surr. Ct. Proc. Act § 2212 — 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 lo...
N.Y. Surr. Ct. Proc. Act § 2212
- Type
- Statute
- Source
- New York Surrogate's Court Procedure
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 2212. Accounting for profit and loss
Citator
N.Y. Surr. Ct. Proc. Act § 2212 — 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 lo... is in force in the current edition of the Code, and nothing recorded condemns it.
§ 2212. 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.