New York Estates, Powers & Trusts Law Part 2 - INVESTMENTS BY FIDUCIARIES: POWERS AND DUTIES RELATING THERETO

• 11-2.1 - Principal and Income
  11-2.1 Principal and income (a) Duty of trustee as to receipts and expenditures. (1) A trust shall be administered with due regard to the respective...
• 11-2.2 - Power to Invest
  11-2.2 Power to invest (a) Investment of trust funds (1) A fiduciary holding funds for investment may invest the same in such securities as would...
• 11-2.3 - Prudent Investor Act
  11-2.3 Prudent investor act (a) Prudent investor rule. A trustee has a duty to invest and manage property held in a fiduciary capacity in accordance...
• 11-2.3-a - Judicial Control With Respect to Fiduciary's Power to Adjust
  11-2.3-A Judicial control with respect to fiduciary's power to adjust (a) Judicial control of adjustment power. A court shall not change a fiduciary's decision to...
• 11-2.4 - Optional Unitrust Provision
  11-2.4 Optional unitrust provision (a) Unless the terms of the trust provide otherwise, the net income of any trust to which this section applies shall...

Last modified: February 3, 2019