SCPA 1506 — Legislation
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SECTION 1505
Proceeding when testamentary trustee is also executor or administrator 1
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SECTION 1506
Nonliability for acts of predecessor executor A trustee who was not an executor of the estate of the same decedent shall not be liable fo...
Surrogate's Court Procedure Act (SCP) CHAPTER 59-A, ARTICLE 15
§ 1506. Nonliability for acts of predecessor executor
A trustee who was not an executor of the estate of the same decedent
shall not be liable for breach of trust committed by the executor in any
of the following cases:
1. He received the assets of the trust pursuant to a final decree of
the court.
2. He did not know of a situation constituting a breach of trust
committed by the executor, and does not improperly permit it to
continue.
3. He does not neglect to take proper steps to compel the executor to
deliver trust property to him.
4. He does not neglect to take proper steps to redress a breach of
trust committed by the executor.