Connecticut § 45a-499mmm General powers of trustee.

Connecticut Statutes

§ 45a-499mmm — General powers of trustee.

Connecticut·Title 45a Probate Courts and Procedure·Ch. 802c Trusts

(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.

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(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.

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