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§ 45a-541a — Connecticut Law | CourtGPT
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  6. § 45a-541a
Connecticut Legal Code

§ 45a-541a

Connecticut Title 45a — Connecticut law

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(a) Except as provided in subsection (b) of this section, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule, as set forth in sections 45a-541 to 45a-541l, inclusive.(b) The prudent investor rule is a default rule that may be expanded, restricted, eliminated or otherwise altered by provisions of the trust. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on provisions of the trust.(P.A. 97-140, S. 2.)

(a) Except as provided in subsection (b) of this section, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule, as set forth in sections 45a-541 to 45a-541l, inclusive.(b) The prudent investor rule is a default rule that may be expanded, restricted, eliminated or otherwise altered by provisions of the trust. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on provisions of the trust.(P.A. 97-140, S. 2.)

Source: https://www.cga.ct.gov/current/pub/chap_802c.htm#sec_45a-541a· Version 2026