New York Consolidated Laws, Surrogate's Court Procedure Act - SCP § 1718. Effect of such letters

1. Ancillary letters of guardianship shall be issued as prescribed in the preceding section, without security, except as provided in that section.

2. They authorize the person to whom they are issued to demand and receive the personal property and the rents and profits of the real property of the infant and the proceeds of the sale, mortgage or lease of the real property of the infant, to dispose of them in like manner as a guardian of the property appointed as prescribed in this article, to remove them from the state and to maintain any action or special proceeding in the infant's behalf.

3. Letters so issued do not authorize the ancillary guardian to receive from a domiciliary fiduciary subject to the jurisdiction of the court, money or other property belonging to the infant, in a case where domiciliary letters have been issued in this state to a guardian of the infant's property, except by special direction made for good cause shown of the court from which the domiciliary letters were issued or unless the domiciliary letters have been revoked.