Connecticut Statutes
§ 45a-500k — No duty to monitor, inform or advise.
(a)Unless the terms of a trust provide otherwise:
(1)A trustee does not have a duty to:
(A)Monitor a trust director; or (B) inform or give advice to a settlor, beneficiary, trustee or trust director concerning an instance in which the trustee might have acted differently than the director; and (2) by taking an action described in subdivision (1) of this subsection, a trustee does not assume the duty excluded in said subdivision.
(b)Unless the terms of a trust provide otherwise:
(1)A trust director does not have a duty to:
(A)Monitor a trustee or another trust director; or (B) inform or give advice to a settlor, beneficiary, trustee or another trust director concerning an instance in which the director might have acted differently than a trustee or another trust director; and (2) by t
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Legislative History
(P.A. 19-137, S. 90.) History: P.A. 19-137 effective January 1, 2020.
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