§ 2212. Accounting for profit and loss\n No profit shall be made by a fiduciary by the increase nor shall he\nsustain any loss by the decrease or loss without his fault of any part\nof the estate, but he shall be charged with the increase and credited\nfor the decrease or loss on the settlement of his accounts.\n
N.Y. Surr. Ct. Proc. Act § 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 lo..
2014-09-22
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.