N.Y. Debt. & Cred. Law § 214
Current through 2024 NY Law Chapter 315
Upon such order being granted, such trustee shall be discharged from the trust reposed in him, and his power and authority shall thereupon cease; but he shall, notwithstanding, remain subject to any liability he may have incurred, at any time previous to the granting of such order, in the management of his trust.
N.Y. Debt. and Cred. Law § 214