SCPA § 1727

Petition for termination of account of guardian, committee, or conservator Where a guardian, committee or conservator is presently mainta...  ·  as in force on May 31, 2026

§ 1727. Petition for termination of account of guardian, committee, or

conservator

Where a guardian, committee or conservator is presently maintaining an account on behalf of an infant, incompetent, conservatee or person under disability in an amount not exceeding $10,000.00, which account was established prior to the effective date of this section, the guardian, committee or conservator may petition the court in the county having jurisdiction over said account for an order authorizing the termination of the account and payment of the balance of the account to a parent of such person or to some competent adult with whom such person resides or who has some interest in such person's welfare for the use and benefit of such person.

Official sourcehttps://www.nysenate.gov/legislation/laws/SCP/1727

In plain English

For a preexisting account of $10,000 or less maintained for an infant, incompetent, conservatee, or person under disability, the guardian, committee, or conservator may ask the court overseeing the account to terminate it and pay the balance to a parent or another competent adult with whom the person lives or who is interested in the person’s welfare, for that person’s use and benefit. ★

Marked in the text: penalties, time limits, sums of money. Editorial emphasis added by this edition; it does not appear in the statute as enacted.

In print

This provision appears in Volume 1 — The Surrogate's Court in Plain English; Volume 2 — The Surrogate's Court Procedure Act; Volume 5 — Your Career: Surrogate's Court in Plain English.