Conn. Gen. Stat. § 45a-542j
Current with legislation from the 2024 Regular and Special Sessions.
A trustee shall allocate to income an amount received as a distribution of income from a trust or an estate in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or estate. If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, section 45a-542i or 45a-542w applies to a receipt from the trust.
Conn. Gen. Stat. § 45a-542j
( P.A. 99-164, S. 11, 36.)