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Conn. Gen. Stat. § 45a-487l

l . Appointment of trust director by transferor

(P.A. 19-137, S. 101.) History: P.A. 19-137 effective January 1, 2020.

(a) Nothing in sections 45a-487j to 45a-487s , inclusive, shall be construed to preclude a transferor from appointing one or more trust directors, including, but not limited to:

(1) Trust directors who have authority under the terms of the trust instrument to remove and appoint qualified trustees or trust directors; and

(2) Trust directors who have authority under the terms of the trust instrument to direct, consent to or disapprove distributions from the trust.

(b) A transferor may serve as trust director, but the power of a trust director, who is the transferor shall be limited to the retention of the veto right permitted by subdivision (1) of section 45a-487n .

(c) For purposes of this section, “trust director” includes a trust director, as defined in section 45a-499c , a trust protector, a trust advisor or any other person who, in addition to a qualified trustee, holds one or more trust powers.

Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.