Connecticut § 45a-374 (Formerly Sec. 45-230w). Title of bona fide purchaser from beneficiary protected.

Connecticut Statutes

§ 45a-374 — (Formerly Sec. 45-230w). Title of bona fide purchaser from beneficiary protected.

Connecticut·Title 45a Probate Courts and Procedure·Ch. 802b Decedents' Estates

The entry and filing of a judgment recovered against a beneficiary in an action brought under section 45a-368 does not affect the rights of a prior purchaser, in good faith and for valuable consideration, from such beneficiary of any assets which would otherwise be subject to such judgment, unless, in the case of real property, a notice of pendency of such action had been recorded prior to such purchase. When the subsequent purchaser is so protected, the judgment is enforceable against such beneficiary but not in excess of the value of the assets received by him on the date of distribution or his ratable obligation as described in section 45a-370.

Free access — add to your briefcase to read the full text and ask questions with AI

The entry and filing of a judgment recovered against a beneficiary in an action brought under section 45a-368 does not affect the rights of a prior purchaser, in good faith and for valuable consideration, from such beneficiary of any assets which would otherwise be subject to such judgment, unless, in the case of real property, a notice of pendency of such action had been recorded prior to such purchase. When the subsequent purchaser is so protected, the judgment is enforceable against such beneficiary but not in excess of the value of the assets received by him on the date of distribution or his ratable obligation as described in section 45a-370.

Connecticut § 45a-374 ((Formerly Sec. 45-230w). Title of bona fide purchaser from beneficiary protected.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.