§ 204. Application by trustee for leave to renounce. Any trustee appointed pursuant to the provisions of this chapter who shall be desirous of renouncing the trust vested in him, may apply to the court from whom his appointment was received, for an order to all persons interested, to show cause why such renunciation should not be accepted.

Terms Used In N.Y. Debtor and Creditor Law 204

  • Trustee: A person or institution holding and administering property in trust.