Sec. 45a-204. (Formerly Sec. 45-89). Investments may be maintained as received.
67 words·~1 min read·
/ct/title-45a/chapter-802-fiduciaries/45a-204·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Trust funds received by executors, trustees, guardians or conservators may be kept invested in the securities received by them, unless it is otherwise ordered by the Court of Probate or unless the instrument under which such trust was created directs that a change of investments shall be made, and the fiduciaries thereof shall not be liable for any loss that may occur by depreciation of such securities.