NY SCPA 1911: Order to Be Executed and Report Made

SCPA 1911 governs execution of the court's disposition order and the fiduciary's report of the proceedings taken under it.

Statutory Text

§ 1911. Order to be executed and report made

1. The fiduciary shall thereupon execute the order, subject to the approval of the court, and make a report of his proceedings thereunder.

2. The court may confirm or reject the disposition, extend the order to other parcels or require a re-execution of the order upon such terms and on such conditions as it may direct and it may relieve a purchaser from his purchase or compel specific performance of the agreement by both the purchaser or the fiduciary in any case where such relief might be granted by the supreme court, on such terms as justice shall require.

3. If the contract for the disposition of the property was annexed to the petition and approved by the order, the fiduciary may execute a deed without further order and no confirmation of the sale is required.

4. No decree of distribution or payment of the proceeds of the disposition shall be made in a proceeding commenced within 3 months from the grant of letters until the time for the presentation of claims as fixed by a published notice has expired or 7 months have expired since letters were issued to the original fiduciary and until all known creditors and persons interested who are not parties to the proceeding have been brought in or have appeared.