§ 7-2.4 Act of trustee in contravention of trust

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Terms Used In N.Y. Estates, Powers and Trusts Law 7-2.4

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

If the trust is expressed in the instrument creating the estate of the trustee, every sale, conveyance or other act of the trustee in contravention of the trust, except as authorized by this article and by any other provision of law, is void.