New York § 2107 Court may direct as to value, manner and time of sale of property and give advice and direction in extraordinary circumstances 1

New York Statutes

§ 2107 — Court may direct as to value, manner and time of sale of property and give advice and direction in extraordinary circumstances 1

New York § 2107

Law SCPSurrogate's Court Procedure

Art. 21Miscellaneous Proceedings

This text of New York § 2107 (Court may direct as to value, manner and time of sale of property and give advice and direction in extraordinary circumstances 1) 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. Surrogate's Court Procedure § 2107 (2026).

Text

§ 2107. Court may direct as to value, manner and time of sale of\n          property and give advice and direction in extraordinary\n          circumstances\n  1. Whenever the value of property of an estate is uncertain or\ndependent upon the time and manner of sale thereof a fiduciary may apply\nby petition to the court for advice and direction as to the propriety,\nprice, manner and time of sale thereof.\n  2. The court may entertain applications by a fiduciary to advise and\ndirect in other extraordinary circumstances such as complex valuation\nissues, or tax elections, or where there is conflict among interested\nparties, but need not entertain jurisdiction if to do so would be merely\nto substitute the court's judgment for that of the fiduciary.\n  3. A substantial compliance with the

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§ 2107. Court may direct as to value, manner and time of sale of\n property and give advice and direction in extraordinary\n circumstances\n 1. Whenever the value of property of an estate is uncertain or\ndependent upon the time and manner of sale thereof a fiduciary may apply\nby petition to the court for advice and direction as to the propriety,\nprice, manner and time of sale thereof.\n 2. The court may entertain applications by a fiduciary to advise and\ndirect in other extraordinary circumstances such as complex valuation\nissues, or tax elections, or where there is conflict among interested\nparties, but need not entertain jurisdiction if to do so would be merely\nto substitute the court's judgment for that of the fiduciary.\n 3. A substantial compliance with the authorization so given shall\nrelieve the fiduciary from any objection that the estate suffered a loss\non account of the action taken under court advice and direction.\n