Before transacting business in this state, a foreign statutory trust shall register with the Secretary of the State. In order to register, a foreign statutory trust shall submit to the Secretary of the State a signed copy of an application for registration as a foreign statutory trust executed by a person with authority to do so under the laws of the state or other jurisdiction of its formation. The application shall set forth: (1) The name of the foreign statutory trust and, if different, the name under which it proposes to transact business in this state; (2) the state or other jurisdiction where formed, and date of its organization; (3) the name and address of the agent in this state for service of process on the foreign statutory trust required to be maintained by section 34-532 and an acceptance of such appointment signed by the agent appointed if other than the Secretary of the State; (4) the address of the office required to be maintained in the state or other jurisdiction of its organization by the laws of that state or jurisdiction or, if not so required, of the principal office of the foreign statutory trust; (5) a representation that the foreign statutory trust is a “foreign statutory trust” as defined in section 34-501; and (6) the character of the business which the statutory trust intends to transact in this state.
(P.A. 96-271, S. 239, 254; P.A. 11-146, S. 21.)
History: P.A. 96-271 effective October 1, 1997; P.A. 11-146 replaced “an original signed copy” with “a signed copy” and, in Subdiv. (5), made a technical change in statutory reference, effective January 1, 2012.
Structure Connecticut General Statutes
Chapter 615 - Statutory Trusts
Section 34-500. - Short title: Connecticut Statutory Trust Act.
Section 34-501. - Definitions.
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 34-536. - 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.