Statute · New York Surrogate's Court Procedure

N.Y. Surr. Ct. Proc. Act § 804 — Bond required when assets deposited with bank or trust company serving as co-fiduciary When a bank or trust company is a fiduciary and is...

N.Y. Surr. Ct. Proc. Act § 804

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

§ 804. Bond required when assets deposited with bank or trust company

Citator

N.Y. Surr. Ct. Proc. Act § 804 — Bond required when assets deposited with bank or trust company serving as co-fiduciary When a bank or trust company is a fiduciary and is... is in force in the current edition of the Code, and nothing recorded condemns it.

§ 804. Bond required when assets deposited with bank or trust company

serving as co-fiduciary

When a bank or trust company is a fiduciary and is nominated to serve or is serving with one or more individual fiduciaries the court may make an order directing the deposit of assets with the bank or trust company upon such terms and upon the giving of such bond by the individual fiduciaries as it deems advisable.