Connecticut § 45a-500g Limitations on trust director.

Connecticut Statutes

§ 45a-500g — Limitations on trust director.

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

A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction or further power under subdivision (1) of subsection (b) of section 45a-500f regarding:

(1)A payback provision in the terms of a trust necessary to comply with the reimbursement requirements of 42 USC 1396p(d)(4)(A), as amended from time to time; and (2) A charitable interest in the trust, including notice regarding the interest to the Attorney General.

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A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction or further power under subdivision (1) of subsection (b) of section 45a-500f regarding: (1) A payback provision in the terms of a trust necessary to comply with the reimbursement requirements of 42 USC 1396p(d)(4)(A), as amended from time to time; and (2) A charitable interest in the trust, including notice regarding the interest to the Attorney General.

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