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Code · Connecticut · Title 45a — Probate Courts and Procedure · CHAPTER 802c* — Trusts

Sec. 45a-499ss. Trustee's bond.

118 words·~1 min read·/ct/title-45a/chapter-802c-trusts/45a-499ss·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)A trustee shall give bond to secure performance of the trustee's duties only if the court finds that a bond
(1)is needed to protect the interests of the beneficiaries; or
(2)is required by the terms of the trust and, in the case of noncharitable trusts, the court has not dispensed with the requirement of a bond.
(b)The court may specify the amount of a bond, its liabilities and whether sureties are necessary. Except in the case of a charitable trust, the court may modify or terminate a bond at any time.
(c)In addition to the requirements of this section, a testamentary trustee that is a foreign corporation shall comply with section 45a-206 .
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