Connecticut § 45a-545d Fiduciary duty.

Connecticut Statutes

§ 45a-545d — Fiduciary duty.

Connecticut § 45a-545d

Title 45aProbate Courts and Procedure

Ch. 802cTrusts

This text of Connecticut § 45a-545d (Fiduciary duty.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 45a-545d (2026).

Text

(a)In exercising the decanting power, an authorized fiduciary shall act in accordance with its fiduciary duties, including the duty to act in accordance with the purposes of the first trust.

(b)Sections 45a-545a to 45a-545cc , inclusive, do not create or imply a duty to exercise the decanting power or to inform beneficiaries about the applicability of the provisions of the Connecticut Uniform Trust Decanting Act.

(c)Except as provided in a first-trust instrument, for purposes of sections 45a-545a to 45a-545cc , inclusive, 45a-499aaa and subsection (a) of section 45a-499bbb , the terms of the first trust are deemed to include the decanting power.

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(a) In exercising the decanting power, an authorized fiduciary shall act in accordance with its fiduciary duties, including the duty to act in accordance with the purposes of the first trust. (b) Sections 45a-545a to 45a-545cc , inclusive, do not create or imply a duty to exercise the decanting power or to inform beneficiaries about the applicability of the provisions of the Connecticut Uniform Trust Decanting Act. (c) Except as provided in a first-trust instrument, for purposes of sections 45a-545a to 45a-545cc , inclusive, 45a-499aaa and subsection (a) of section 45a-499bbb , the terms of the first trust are deemed to include the decanting power.