New York Statutes

§ 11-1.7 — Limitations on powers and immunities of executors and

New York § 11-1.7
JurisdictionNew York
Law EPTEstates, Powers & Trusts
Part 1Fiduciaries: Powers, Duties and Limitations
Art. 11Fiduciary: Powers, Duties and Limitations; Actions By or Against In Representative or Individual Capacities

This text of New York § 11-1.7 (Limitations on powers and immunities of executors and) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.Y. Estates, Powers & Trusts § 11-1.7 (2026).

Text

§ 11-1.7 Limitations on powers and immunities of executors and\n testamentary trustees\n (a) The attempted grant to an executor, testamentary trustee, or inter\nvivos trustee, or his or her successor, of any of the following\nenumerated powers or immunities is contrary to public policy:\n (1) The exoneration of such fiduciary from liability for failure to\nexercise reasonable care, diligence and prudence.\n (2) The power to make a binding and conclusive fixation of the value\nof any asset for purposes of distribution, allocation or otherwise.\n (b) The attempted grant in any will or trust of any power or immunity\nin contravention of the terms of this section shall be void but shall\nnot be deemed to render such will or trust invalid as a whole, and the\nremaining terms of th

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Bluebook (online)
New York § 11-1.7, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/11-1.7.