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N.Y. C.P.L.R. 8006

Premiums on undertakings by fiduciaries

2014-09-22

§ 8006. Premiums on undertakings by fiduciaries. A receiver, assignee,\nguardian, trustee, committee, conservator or person appointed under\nsection one hundred eleven of the real property law or under section\ntwenty of the personal property law, required by law to give an\nundertaking as such, may include as a part of his necessary expenses\nsuch reasonable sum, not exceeding one per cent per annum upon the\namount of such undertaking paid his surety thereon, as the court\nappointing him shall allow.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.