Assembly Bill A2573A

Signed By Governor
2021-2022 Legislative Session

Removes the prohibition on individuals convicted of a felony that prevents them from being appointed fiduciary of an estate

download bill text pdf

Sponsored By

Archive: Last Bill Status - Signed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

co-Sponsors

multi-Sponsors

2021-A2573 - Details

See Senate Version of this Bill:
S294
Law Section:
Surrogate's Court Procedure Act
Laws Affected:
Amd §707, SCPA
Versions Introduced in 2019-2020 Legislative Session:
A7412, S8983

2021-A2573 - Summary

Removes the prohibition on individuals convicted of a felony that prevents them from being appointed fiduciary of an estate; allows the court the discretion to permit or prevent such appointment of an individual convicted of a felony.

2021-A2573 - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2573
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 19, 2021
                                ___________
 
 Introduced  by  M.  of  A.  FALL,  DICKENS, WILLIAMS, SAYEGH, GOTTFRIED,
   O'DONNELL, EPSTEIN, BARRON, PICHARDO -- Multi-Sponsored by -- M. of A.
   COOK -- read once and referred to the Committee on Judiciary
 
 AN ACT to amend the surrogate's court  procedure  act,  in  relation  to
   removing  the  prohibition  on  individuals convicted of a felony that
   prevents them from being appointed fiduciary of an estate
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Paragraphs (d) and (e) of subdivision 1 and subdivision 2
 of section 707 of the surrogate's court procedure act, paragraph (e)  of
 subdivision 1 as amended by chapter 514 of the laws of 1993, are amended
 and a new subdivision 3 is added to read as follows:
   (d)  [a felon
   (e)] one who does not possess the qualifications required of a fiduci-
 ary  by  reason  of  substance  abuse, dishonesty, improvidence, want of
 understanding, or who is  otherwise  unfit  for  the  execution  of  the
 office.
   2.    Persons ineligible in court's discretion.  The court may declare
 ineligible to act as fiduciary:
   (A) a person unable to read and write the English language; OR
   (B) AN INDIVIDUAL CONVICTED OF A FELONY WHOSE CRIME MAY BE ADVERSE  TO
 THE  WELFARE OF THE ESTATE, INCLUDING BUT NOT LIMITED TO, CRIMES SUCH AS
 EMBEZZLEMENT OR ANY CRIME WHERE THERE WAS A MISAPPROPRIATION OF MONEY OR
 A BREACH OF FIDUCIARY DUTY.
   3. INTERPRETER. UPON REQUEST  OF  A  PERSON  SUBJECT  TO  THE  COURT'S
 DISCRETION  UNDER  SUBDIVISION  TWO  OF  THIS  SECTION,  THE COURT SHALL
 PROVIDE AN INTERPRETER TO INTERPRET THE TESTIMONY OF ANY PERSON WHO DOES
 NOT SPEAK THE ENGLISH LANGUAGE WELL ENOUGH TO BE READILY UNDERSTOOD.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02510-01-1

co-Sponsors

multi-Sponsors

2021-A2573A (ACTIVE) - Details

See Senate Version of this Bill:
S294
Law Section:
Surrogate's Court Procedure Act
Laws Affected:
Amd §707, SCPA
Versions Introduced in 2019-2020 Legislative Session:
A7412, S8983

2021-A2573A (ACTIVE) - Summary

Removes the prohibition on individuals convicted of a felony that prevents them from being appointed fiduciary of an estate; allows the court the discretion to permit or prevent such appointment of an individual convicted of a felony.

2021-A2573A (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  2573--A
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 19, 2021
                                ___________
 
 Introduced  by  M.  of  A.  FALL,  DICKENS, WILLIAMS, SAYEGH, GOTTFRIED,
   O'DONNELL, EPSTEIN, BARRON, PICHARDO -- Multi-Sponsored by -- M. of A.
   COOK -- read once and  referred  to  the  Committee  on  Judiciary  --
   committee  discharged,  bill amended, ordered reprinted as amended and
   recommitted to said committee

 AN ACT to amend the surrogate's court  procedure  act,  in  relation  to
   removing  the  prohibition  on  individuals convicted of a felony that
   prevents them from being appointed fiduciary of an estate
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Paragraphs (d) and (e) of subdivision 1 and subdivision 2
 of section 707 of the surrogate's court procedure act, paragraph (e)  of
 subdivision 1 as amended by chapter 514 of the laws of 1993, are amended
 to read as follows:
   (d)  [a felon
   (e)] one who does not possess the qualifications required of a fiduci-
 ary  by  reason  of  substance  abuse, dishonesty, improvidence, want of
 understanding, or who is  otherwise  unfit  for  the  execution  of  the
 office.
   2.    Persons ineligible in court's discretion.  The court may declare
 ineligible to act as fiduciary:
   (A) a person unable to read and write the English language; OR
   (B) AN INDIVIDUAL CONVICTED OF A FELONY WHOSE CRIME MAY BE ADVERSE  TO
 THE  WELFARE OF THE ESTATE, INCLUDING BUT NOT LIMITED TO, CRIMES SUCH AS
 EMBEZZLEMENT OR ANY CRIME WHERE THERE WAS A MISAPPROPRIATION OF MONEY OR
 A BREACH OF FIDUCIARY DUTY.
   § 2. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02510-02-1

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