SCPA 2114 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 2113 Proof or probate of heirship 1 up ARTICLE 21 Miscellaneous Proceedings next SECTION 2115 Review of costs of delegation by trustee 1 Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 2114 Review of compensation of corporate trustee 1 Surrogate's Court Procedure Act (SCP) CHAPTER 59-A, ARTICLE 21 § 2114. Review of compensation of corporate trustee 1. At any time during the administration of a testamentary or lifetime trust and irrespective of the pendency of a particular proceeding, the court may review the reasonableness of the compensation determined by the corporate trustee for the trustee's own services. Any corporate trustee who has received excessive compensation from a trust may be ordered to make appropriate refunds. 2. A proceeding may be instituted by petition of a corporate trustee of the trust or any person interested in the trust. No accounting shall be required in such proceeding. 3. No trustee shall be liable or accountable for any commissions paid to another trustee hereunder which a court orders to be refunded to the trust or any person interested in the trust.