Conn. Gen. Stat. § 45a-499mmm – General powers of trustee. | Midpage
§ 45a-499mmm
Conn. Gen. Stat. § 45a-499mmm
General powers of trustee.
Effective Jan 1, 2020(P.A. 19-137, S. 65.)
(a) A trustee, without authorization by the court, may exercise:
(1) Powers conferred by the terms of the trust; and (2) except as limited by the terms of the trust, (A) all powers over the trust property which an unmarried competent owner has over individually owned property; (B) any other powers appropriate to achieve the proper investment, management and distribution of the trust property; and (C) any other power conferred by sections 45a-487j to 45a-487t, inclusive, and 45a-499a to 45a-500s, inclusive.
(b) The exercise of a power is subject to the fiduciary duties prescribed by sections 45a-499aaa to 45a-499ooo, inclusive.