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Current as of January 01, 2026 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - New York Consolidated Laws, Surrogate's Court Procedure Act - SCP § 804. Bond required when assets deposited with bank or trust company serving as co-fiduciary - last updated January 01, 2026 | https://codes.findlaw.com/ny/surrogates-court-procedure-act/scp-sect-804/
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