N.Y. SCP Law § 1504
This is the official text of N.Y. SCP Law § 1504, part of New York’s SCP Law — part of the compiled statutory law of New York, published by the state as "SCP Law." Browse the sections below, each linked to its official government source.
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Renunciation of appointment: retraction thereof 1
Official statutory text
§ 1504. Renunciation of appointment: retraction thereof\n 1. A testamentary trustee may renounce his appointment by a duly\nacknowledged instrument.\n 2. By like instrument the renunciation may be retracted at any time\nbefore letters have been issued to another in his place or after such\nletters have been issued, if they have been revoked or the person to\nwhom they have been issued has become unable to act or disqualified.\nThe court may issue letters to the person so retracting upon such notice\nas it may require.\n 3. The instrument of renunciation and the instrument of retraction\nauthorized by this section must be filed in the office of the court\nhaving jurisdiction of the trust.\n
Status: in_force · Read it on the official government site
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