New York Consolidated Laws, Surrogate's Court Procedure Act - SCP § 710. Objections which require bond from fiduciary not otherwise required to file bond

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1. No bond shall be required of an executor unless required by the will or by 806 or by this section.

2. A person named as executor or a testamentary guardian or trustee who is not required by the will to give a bond, shall be entitled to letters by giving a bond as prescribed by law, although an objection has been established to the satisfaction of the court that the person is a non-domiciliary.

3. If after the issuance of letters, a fiduciary not required by will to give a bond, who is a citizen of the United States, has become a non-domiciliary, he may be required to give a bond in an amount to be fixed by the court, upon objection filed and proof taken.

4. No fiduciary shall remove property of the estate without the state without the prior approval of the court and upon filing a bond if required by the court.

Cite this article: FindLaw.com - New York Consolidated Laws, Surrogate's Court Procedure Act - SCP § 710. Objections which require bond from fiduciary not otherwise required to file bond - last updated January 01, 2021 | https://codes.findlaw.com/ny/surrogates-court-procedure-act/scp-sect-710.html


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