SCPA 2114 · Article 21. Miscellaneous Proceedings
Review of compensation of corporate trustee
Text — Law content up to date as of September 18, 2026, as published by the New York State Senate (Open Legislation)
§ 2114. Review of compensation of corporate trustee
1. At any time during the administration of a testamentary or lifetime trust and irrespective of the pendency of a particular proceeding, the court may review the reasonableness of the compensation determined by the corporate trustee for the trustee's own services. Any corporate trustee who has received excessive compensation from a trust may be ordered to make appropriate refunds.
2. A proceeding may be instituted by petition of a corporate trustee of the trust or any person interested in the trust. No accounting shall be required in such proceeding.
3. No trustee shall be liable or accountable for any commissions paid to another trustee hereunder which a court orders to be refunded to the trust or any person interested in the trust.
Source of truth
- Edition
- Law content up to date as of September 18, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/SCP2114
- Text hash
- sha256 6e86d55fb87be093647a2364e50b7702b8283551a1e01e2b2b26b278dae621c7
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.