N.Y. SCP Law § 2212
This is the official text of N.Y. SCP Law § 2212, 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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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 lo...
Official statutory text
§ 2212. Accounting for profit and loss\n No profit shall be made by a fiduciary by the increase nor shall he\nsustain any loss by the decrease or loss without his fault of any part\nof the estate, but he shall be charged with the increase and credited\nfor the decrease or loss on the settlement of his accounts.\n
Status: in_force · Read it on the official government site
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