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This entry was published on 2014-09-22
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SECTION 806
Bond of a testamentary trustee or executor acting as trustee Whenever a testamentary trustee is appointed by will or order of the court o...
Surrogate's Court Procedure Act (SCP) CHAPTER 59-A, ARTICLE 8
§ 806. Bond of a testamentary trustee or executor acting as trustee

Whenever a testamentary trustee is appointed by will or order of the
court or an executor is appointed who is required to hold, manage or
invest real or personal property for the benefit of another, he shall
unless the will provides otherwise, execute and file a bond.