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New York Consolidated Laws, Debtor and Creditor Law - DCD § 214. Effect of order

Current as of January 01, 2026 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - New York Consolidated Laws, Debtor and Creditor Law - DCD § 214. Effect of order - last updated January 01, 2026 | https://codes.findlaw.com/ny/debtor-and-creditor-law/dcd-sect-214/

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