Sec. 36a-381. (Formerly Sec. 36-315). Exemptions.
140 words·~1 min read·
/ct/title-36a/chapter-665b-fiduciary-powers/36a-381·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The provisions of sections 36a-380 to 36a-386 , inclusive, shall not apply to the administration of:
(1)Any trust for cemetery purposes by an incorporated cemetery association;
(2)any charitable, religious or educational trust by an entity organized for charitable, religious or educational purposes;
(3)any trust by a life insurance company of the proceeds of its insurance policies;
(4)any trust by an entity without compensation and not as a part of its regular business;
(5)any trust in real or personal property the trustee of which is a corporation acting pursuant to the provisions of section 45a-206 ;
(6)any trust the trustee of which is acting as trustee under mortgage pursuant to the provisions of section 36a-395 ; or
(7)any trust the trustee of which is an out-of-state trust company acting pursuant to section 36a-434a .