Conn. Gen. Stat. § 34-NEW

Current with legislation from the 2024 Regular and Special Sessions.
Section 34-NEW - [Newly enacted section not yet numbered] [Effective 1/1/2025] Need to distribute not required

An authorized fiduciary may exercise the decanting power whether or not under the first trust's discretionary distribution standard the fiduciary would have made, or could have been compelled to make, a discretionary distribution of principal at the time of the exercise.

Conn. Gen. Stat. § 34-NEW

Added by P.A. 24-0104,S. 21 of the Connecticut Acts of the 2024 Regular Session, eff. 1/1/2025.