Sec. 45a-499mmm. General powers of trustee.
103 words·~1 min read·
/ct/title-45a/chapter-802c-trusts/45a-499mmm·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)A trustee, without authorization by the court, may exercise:
(1)Powers conferred by the terms of the trust; and
(2)except as limited by the terms of the trust,
(A)all powers over the trust property which an unmarried competent owner has over individually owned property;
(B)any other powers appropriate to achieve the proper investment, management and distribution of the trust property; and
(C)any other power conferred by sections 45a-487j to 45a-487t , inclusive, and 45a-499a to 45a-500s , inclusive.
(b)The exercise of a power is subject to the fiduciary duties prescribed by sections 45a-499aaa to 45a-499ooo , inclusive.