Section 7706. Order on filing instrument settling account


Latest version.
  • Where  an
      instrument described in section seven thousand  seven  hundred  five  of
      this  article  has  been  executed  by  all  of the persons who would be
      necessary parties in a proceeding under  section  seven  thousand  seven
      hundred  one  of  this  article, none of whom is under the disability of
      infancy or incompetency, one or more of the trustees may present to  the
      court  a  petition  showing  the  names and post office addresses of all
      persons interested in the trust, whether or not the trust has been fully
      executed,  that  the  petitioner  has  fully  accounted  and  made  full
      disclosure  in writing of his administration of the trust to all persons
      interested, and praying  that  his  intermediate  or  final  account  be
      judicially   settled.  There  shall  be  filed  with  the  petition  the
      instrument described in section seven thousand  seven  hundred  five  of
      this  article.    The  court  may  thereupon  make an order settling the
      petitioner's account and discharging the petitioner and sureties on  his
      bond,  if  any,  from  any  further  liability to all persons interested
      therein.