Jurisdiction; how affected by locality of certain assets For the purpose of conferring jurisdiction upon the court: 1 · as in force on May 31, 2026
§ 208. Jurisdiction; how affected by locality of certain assets
For the purpose of conferring jurisdiction upon the court:
1. A debt or a cause of action for wrongful death, in favor of a non-domiciliary against a domiciliary, is deemed personal property in the county where the domiciliary, or either of two or more such domiciliaries resides, or if other than a natural person, such domiciliary has its principal office, except that a debt evidenced by a negotiable instrument is deemed for jurisdictional purposes personal property in the county of the situs of the instrument.
2. An insurance policy upon the life of a non-domiciliary decedent shall have the situs of the principal office in this state of the company or corporation issuing the policy of insurance.
3. A share of stock of a corporation of this state owned by a non-domiciliary is deemed personal property in the county where the corporation has its principal office.
4. A life insurance policy or share of stock owned by a non-domiciliary is deemed personal property in the county where the policy or share of stock is situated, the provisions of subdivisions 2 and 3 notwithstanding.
For jurisdiction purposes, certain assets of a non-domiciliary are treated as located in particular counties.
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.
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.