SCPA 208 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 207 Lifetime trusts; jurisdiction and venue 1 up ARTICLE 2 Jurisdiction and Powers next SECTION 209 Powers incidental to jurisdiction of the court The court has power: 1 Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 208 Jurisdiction; how affected by locality of certain assets For the purpose of conferring jurisdiction upon the court: 1 Surrogate's Court Procedure Act (SCP) CHAPTER 59-A, ARTICLE 2 § 208. Jurisdiction; how affected by locality of certain assets For the purpose of conferring jurisdiction upon the court: 1. A debt or a cause of action for wrongful death, in favor of a non-domiciliary against a domiciliary, is deemed personal property in the county where the domiciliary, or either of two or more such domiciliaries resides, or if other than a natural person, such domiciliary has its principal office, except that a debt evidenced by a negotiable instrument is deemed for jurisdictional purposes personal property in the county of the situs of the instrument. 2. An insurance policy upon the life of a non-domiciliary decedent shall have the situs of the principal office in this state of the company or corporation issuing the policy of insurance. 3. A share of stock of a corporation of this state owned by a non-domiciliary is deemed personal property in the county where the corporation has its principal office. 4. A life insurance policy or share of stock owned by a non-domiciliary is deemed personal property in the county where the policy or share of stock is situated, the provisions of subdivisions 2 and 3 notwithstanding.