N.Y. Surrogate's Court Procedure Act § 806: Bond of a testamentary trustee or executor acting as trustee Whenever a testamentary trustee is appointed by will or order of the court o...

§ 806. Bond of a testamentary trustee or executor acting as trustee

Whenever a testamentary trustee is appointed by will or order of the

court or an executor is appointed who is required to hold, manage or

invest real or personal property for the benefit of another, he shall

unless the will provides otherwise, execute and file a bond.