The Court of Probate may dispense with the requirement of a probate bond as set forth in sections 45a-162 to 45a-169, inclusive, if:
(1) The fiduciary is a bank or trust company authorized to do business and maintaining a place of business in this state;(2) the fiduciary is a foreign bank or trust company which has qualified and been approved as such fiduciary;(3) the fiduciary is excused by the will from giving a probate bond; or(4) the Court of Probate determines that a bond is not required for the protection of interested parties.Conn. Gen. Stat. § 45a-169
(1949 Rev., S. 7024; P.A. 73-254; P.A. 80-476, S. 85.)
Annotation to former section 45-240: Cited. 140 Conn. 594.