A08760 Summary:
| BILL NO | A08760 |
| SAME AS | No Same As |
| SPONSOR | Cruz |
| COSPNSR | |
| MLTSPNSR | |
| Amd §707, SCPA | |
| Removes being unable to read and write the English language as a reason a court may declare someone ineligible to act as a fiduciary. | |
A08760 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 8760 2025-2026 Regular Sessions IN ASSEMBLY June 2, 2025 ___________ Introduced by M. of A. CRUZ -- read once and referred to the Committee on Judiciary AN ACT to amend the surrogate's court procedure act, in relation to persons ineligible to act as a fiduciary The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 2 of section 707 of the surrogate's court 2 procedure act, as amended by chapter 486 of the laws of 2021, is amended 3 to read as follows: 4 2. Persons ineligible in court's discretion. The court may declare 5 ineligible to act as fiduciary[:6(a) a person unable to read and write the English language; or7(b)] an individual convicted of a felony whose crime may be adverse to 8 the welfare of the estate, including but not limited to, crimes such as 9 embezzlement or any crime where there was a misappropriation of money or 10 a breach of fiduciary duty. 11 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13214-01-5