Conn. Gen. Stat. § 45a-500k

Current with legislation from 2024 effective through June 5, 2024.
Section 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 taking an action described in subdivision (1) of this subsection, a trust director does not assume the duty excluded by said subdivision.

Conn. Gen. Stat. § 45a-500k

Added by P.A. 19-0137,S. 90 of the Connecticut Acts of the 2019 Regular Session, eff. 1/1/2020.