Current with legislation from the 2024 Regular and Special Sessions.
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.