Connecticut § 45a-500j Duty to provide information to trust director or trustee.

Connecticut Statutes

§ 45a-500j — Duty to provide information to trust director or trustee.

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

(a)Subject to the provisions of section 45a-500k, a trustee shall provide information to a trust director to the extent the information is reasonably related to:

(1)The powers or duties of the trustee; and (2) the powers or duties of the director.

(b)Subject to the provisions of section 45a-500k , a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related to:

(1)The powers or duties of the director; and (2) the powers or duties of the trustee or other director.

(c)A trustee that acts in reliance on information provided by a trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trustee engages in wilful misconduct.

(d)A trust director tha

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(a) Subject to the provisions of section 45a-500k, a trustee shall provide information to a trust director to the extent the information is reasonably related to: (1) The powers or duties of the trustee; and (2) the powers or duties of the director. (b) Subject to the provisions of section 45a-500k , a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related to: (1) The powers or duties of the director; and (2) the powers or duties of the trustee or other director. (c) A trustee that acts in reliance on information provided by a trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trustee engages in wilful misconduct. (d) A trust director that acts in reliance on information provided by a trustee or another trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trust director engages in wilful misconduct.

Connecticut § 45a-500j (Duty to provide information to trust director or trustee.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.