All property and any income or increment thereon held in a fiduciary capacity for the benefit of another person is presumed abandoned unless the owner has, within seven years after it became payable or distributable, increased or decreased the principal, accepted payment of principal or income, corresponded in writing with the fiduciary concerning the property or otherwise indicated an interest as evidenced by a memorandum on file with the fiduciary.
Conn. Gen. Stat. § 3-61a
Property held by fiduciary presumed abandoned, when
Applied in 1 court decision — leading case Aetna Life Insurance v. Parker (1988)
Most recently applied in Aetna Life Insurance v. Parker (June 1988)
(1961, P.A. 540, S. 6; Nov
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.