SCPA 2212 · Article 22. Accounting
Accounting for profit and loss
Verbatim from the official edition
Text — Law content up to date as of September 18, 2026, as published by the New York State Senate (Open Legislation)
§ 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 loss without his fault of any part of the estate, but he shall be charged with the increase and credited for the decrease or loss on the settlement of his accounts.
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/SCP2212
- Text hash
- sha256 1b5f88f5f7afb2a6d1a1b72931f6669167708af98c9e326fb72488d2fc13beef
- 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.