N.Y. Surrogate's Court Procedure Act § 1903: Limitations 1

§ 1903. Limitations

1. Unless a proceeding under this article to satisfy a debt of the

decedent is brought within 18 months from the date when letters were

issued to the original fiduciary and unless such letters were granted

within 2 years after the date of the death of the decedent the title of

a purchaser or mortgagee from the distributee or devisee of the decedent

which was acquired before the proceeding was instituted cannot be

affected in any way by the proceeding.

2. A proceeding under this article to satisfy any debt cannot be

maintained when the real property is exempt by law from levy and sale by

virtue of an execution.

3. A proceeding under this article to satisfy a legacy expressly or

impliedly charged on the real property must be instituted within 10

years from the date of the death of the decedent.