Connecticut General Statutes
Chapter 615 - Statutory Trusts
Section 34-500. - Short title: Connecticut Statutory Trust Act.

Sections 34-500 to 34-547, inclusive, shall be known and may be cited as the “Connecticut Statutory Trust Act”.

(P.A. 96-271, S. 219, 254.)
History: P.A. 96-271 effective October 1, 1997.

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Structure Connecticut General Statutes

Connecticut General Statutes

Title 34 - Limited Partnerships, Partnerships, Professional Associations, Limited Liability Companies and Statutory Trusts

Chapter 615 - Statutory Trusts

Section 34-500. - Short title: Connecticut Statutory Trust Act.

Section 34-501. - Definitions.

Section 34-502. - Authorization of statutory trust. Applicability to common law business trusts. Governing law.

Section 34-502a. - Purposes of statutory trust.

Section 34-502b. - Powers and liabilities of statutory trust.

Section 34-503. - Certificate of trust. Filing of documents.

Section 34-504. - Execution of certificates.

Section 34-505. - Effective time and date of certificate.

Section 34-506. - Name of statutory trust. Reservation of name.

Section 34-507. - Appointment of statutory agent for service of process.

Section 34-508. - Service of process.

Section 34-509. - Fees payable to the Secretary of the State.

Section 34-515. - Contributions by beneficial owners.

Section 34-516. - Rights of beneficial owners in property of statutory trust.

Section 34-517. - Management of statutory trust.

Section 34-518. - Existence of statutory trust.

Section 34-519. - Applicability of laws pertaining to trusts. Classification for taxation purposes.

Section 34-520. - Applicability of law re foreign corporation acting as trustee.

Section 34-521. - Merger or consolidation.

Section 34-522. - Derivative actions.

Section 34-523. - Liability of beneficial owners, trustees, officers, employees and managers.

Section 34-524. - Indemnification.

Section 34-530. - Governing law.

Section 34-531. - Registration with Secretary of the State.

Section 34-532. - Appointment of agent for service of process.

Section 34-533. - Service of process on statutory agent.

Section 34-534. - Issuance of registration.

Section 34-535. - Name.

Section 34-536. - Amendment of application for registration.

Section 34-537. - Cancellation of registration.

Section 34-538. - Revocation of certificate of registration.

Section 34-539. - Transaction of business without registration.

Section 34-540. - Activities not constituting transacting business in this state.

Section 34-541. - Action by Attorney General.

Section 34-545. - Reservation of power to amend or repeal.

Section 34-546. - Rules of construction.

Section 34-547. - Severability.