Preceding section qualified The preceding section does not affect the liability of a person to whom money or other property has been deli...

N.Y. Surrogate's Court Procedure Act § 721, under General Provisions Relating to Letters.

N.Y. Surrogate's Court Procedure Act § 721

§ 721. Preceding section qualified The preceding section does not affect the liability of a person to whom money or other property has been delivered as distributee or legatee to respond to the person lawfully entitled thereto, where letters are revoked because a supposed decedent is living or because a will is discovered after administration has been granted, in a case of supposed intestacy or a prior will is revoked upon which letters were granted.