New York Laws
Article 77 - Proceeding Relating to Express Trust
7706 - Order on Filing Instrument Settling Account.

§ 7706. Order on filing instrument settling account. Where an
instrument described in section seven thousand seven hundred five of
this article has been executed by all of the persons who would be
necessary parties in a proceeding under section seven thousand seven
hundred one of this article, none of whom is under the disability of
infancy or incompetency, one or more of the trustees may present to the
court a petition showing the names and post office addresses of all
persons interested in the trust, whether or not the trust has been fully
executed, that the petitioner has fully accounted and made full
disclosure in writing of his administration of the trust to all persons
interested, and praying that his intermediate or final account be
judicially settled. There shall be filed with the petition the
instrument described in section seven thousand seven hundred five of
this article. The court may thereupon make an order settling the
petitioner's account and discharging the petitioner and sureties on his
bond, if any, from any further liability to all persons interested
therein.

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