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Conn. Gen. Stat. § 45a-499gg

Cy pres

(P.A. 19-137, S. 33; P.A. 21-39, S. 4.) History: P.A. 19-137 effective January 1, 2020; P.A. 21-39 amended Subdiv

Except as otherwise provided in section 45a-499hh , if a particular charitable purpose becomes unlawful, impracticable, impossible to achieve or wasteful: (1) The trust does not fail, in whole or in part; (2) the trust property does not revert to the settlor or the settlor's successors in interest; and (3) the court may apply cy pres to modify or terminate the trust, subject to section 45a-520 , by directing that the trust property be applied or distributed, in whole or in part, in a manner consistent with the settlor's charitable purposes.

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