yourstate.us
N.Y. Surrogate's Court Procedure Law § 2217

When money or property may be retained 1

New York · New York Surrogate's Court Procedure Law · Status: effective · Effective 2014-09-22

Get this as JSONEmbed this
Cite this
Citation
N.Y. Surrogate's Court Procedure Law § 2217, When money or property may be retained 1, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1129964
Permanent ID
ys:prov:1129964@1
SHA-256
7e42637df9e6b7f9212f6a7e612763c3d5133f38bcc38955cbade5089f376cce

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

§ 2217. When money or property may be retained 1. In any of the following cases the decree must direct that a sum sufficient to satisfy a debt or claim or the proportion to which it is entitled, together with the probable amount of the interest and costs, or that any personal property the right to which is in controversy, be retained in the hands of the accounting party or be deposited in a bank or trust company, subject to the order of the court, or be paid into the court for the purpose of being applied to the payment of the debt or claim or to the satisfaction of any judgment recovered and that so much thereof as is not needed for such purposes be afterwards distributed: (a) Where an admitted debt of the decedent, ascertainable in amount, is not yet due and the creditor will not presently accept payment with a rebate of interest, or (b) Where a claim for a debt, ascertainable in amount, but not yet due has been disputed or rejected, or (c) Where an action is pending between the fiduciary and a person claiming to be a creditor of the decedent, or (d) Where on the judicial settlement of the account of a trustee a controversy respecting the right of a party to share in the estate or other personal property held by the trustee has not been determined. 2. Upon the determination of the debt or claim or the right to the personal property any party may present a petition to the court praying for directions as to the disposition of the moneys or property retained.