N.Y. Education Law 1611 – Penalty for failure of trustee to account
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§ 1611. Penalty for failure of trustee to account. By a wilful neglect or refusal to render such account, a trustee forfeits any unexpired term of his office, and becomes liable to the trustees for any district moneys in his hands.
Terms Used In N.Y. Education Law 1611
- Trustee: A person or institution holding and administering property in trust.