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This entry was published on 2014-09-22
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SECTION 1305
Discharge of debtor, transfer agent, safe deposit company, bank, trust company or other person The delivery by a voluntary administrator ...
Surrogate's Court Procedure Act (SCP) CHAPTER 59-A, ARTICLE 13
§ 1305. Discharge of debtor, transfer agent, safe deposit company, bank,

trust company or other person

The delivery by a voluntary administrator to a debtor, transfer agent,
safe deposit company, bank, trust company or other person holding or
having custody or possession or control of any personal property of the
decedent, of the short form certificate of the court, the receipt of the
administrator, and the surrender of any evidentiary document, shall
constitute a complete release and discharge for any payment of money or
delivery of personal property made pursuant to the certificate, without
such person being required to see to the application thereof and with
the same effect as if made to any duly appointed fiduciary.