SCPA § 2216

Distribution in kind At any time during the administration of an estate or upon an accounting the court may direct the conveyance of any ...  ·  as in force on May 31, 2026

§ 2216. Distribution in kind

At any time during the administration of an estate or upon an accounting the court may direct the conveyance of any unsold realty or the delivery of any unsold chattel or the assignment of any uncollected demand or any other personal property to a party or parties entitled to payment or distribution, in lieu of the money value of the property at the fair market value at the date of distribution.

Official sourcehttps://www.nysenate.gov/legislation/laws/SCP/2216

In plain English

At any time during administration, or on an accounting, the court may order distribution in kind: transferring unsold land, delivering unsold goods, or assigning uncollected debts or other personal property to the people entitled, instead of cash. ★ The property is valued at its fair market value on the date of distribution.

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.