N.Y. Surr. Ct. Proc. Act § 2212

Current through 2024 NY Law Chapter 457

Section 2212 - Accounting for profit and loss

No profit shall be made by a fiduciary by the increase nor shall he sustain any loss by the decrease or loss without his fault of any part of the estate, but he shall be charged with the increase and credited for the decrease or loss on the settlement of his accounts.

N.Y. Surr. Ct. Proc. Act Law § 2212