Conn. Gen. Stat. § 45a-499zz

Current with legislation from the 2024 Regular and Special Sessions.
Section 45a-499zz - Reimbursement of expenses
(a) A trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for:
(1) Expenses that were properly incurred in the defense or administration of the trust, unless the trustee is determined to have committed a breach of trust; and
(2) to the extent necessary to prevent unjust enrichment of the trust, expenses that were not properly incurred in the administration of the trust.
(b) If a trustee advances money to protect the trust, the trustee has a lien against the trust property to secure reimbursement of the money with reasonable interest.

Conn. Gen. Stat. § 45a-499zz

Added by P.A. 19-0137,S. 52 of the Connecticut Acts of the 2019 Regular Session, eff. 1/1/2020.