Conn. Gen. Stat. § 45a-499hh

Current with legislation from the 2024 Regular and Special Sessions.

Section 45a-499hh - Limitation on court authority to apply cy pres

A provision in the terms of a charitable trust that would result in distribution of the trust property to a noncharitable beneficiary prevails over the power of the court under section 45a-499gg to apply cy pres to modify or terminate the trust only if, when the provision takes effect:

(1) Except as provided in section 45a-505, the trust property is to revert to the settlor and the settlor is living; or

(2) fewer than twenty-one years have elapsed since the date of the trust's creation.

Conn. Gen. Stat. § 45a-499hh

Added by P.A. 19-0137,S. 34 of the Connecticut Acts of the 2019 Regular Session, eff. 1/1/2020.