After the death of a member of a partnership, any person or corporation having possession or control of securities, deposits or other assets belonging to or standing in the name of the partnership may transfer, pay or deliver the same to or upon the order of the surviving partner or partners, or such other person as may be entitled to receive the same on behalf of such partnership, without written consent or waiver of the State Tax Commission and without retaining any portion thereof for the payment of estate tax or interest.
N.Y. Comp. Codes R. & Regs. Tit. 20 § 360.4