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This entry was published on 2014-09-22
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SECTION 8006
Premiums on undertakings by fiduciaries
Civil Practice Law & Rules (CVP) CHAPTER 8, ARTICLE 80
§ 8006. Premiums on undertakings by fiduciaries. A receiver, assignee,
guardian, trustee, committee, conservator or person appointed under
section one hundred eleven of the real property law or under section
twenty of the personal property law, required by law to give an
undertaking as such, may include as a part of his necessary expenses
such reasonable sum, not exceeding one per cent per annum upon the
amount of such undertaking paid his surety thereon, as the court
appointing him shall allow.