No fiduciary, or the common trust funds held by it, shall be liable for any taxes imposed by this state or any of its subdivisions in connection with the ownership of personal property. No tax shall be assessed or levied upon any certificate or other evidence of ownership of an interest in a common trust fund.
(P.A. 94-122, S. 172, 340.)
History: P.A. 94-122 effective January 1, 1995.
Structure Connecticut General Statutes
Title 36a - The Banking Law of Connecticut
Chapter 665b - Fiduciary Powers
Section 36a-350. - Permitted investments.
Section 36a-352. (Formerly Sec. 36-81). - Segregation of trust funds. Registration; nominees.
Section 36a-365. (Formerly Sec. 36-83). - Common trust funds: Definitions.
Section 36a-366. - Establishment by qualified fiduciary and investment of funds.
Section 36a-367. - Management.
Section 36a-369. - Investment.
Section 36a-380. (Formerly Sec. 36-314). - License.
Section 36a-381. (Formerly Sec. 36-315). - Exemptions.
Section 36a-382. (Formerly Sec. 36-316). - Examination; cost and fee.
Section 36a-384. (Formerly Sec. 36-318). - Segregation of securities. Deposits.
Section 36a-385. (Formerly Sec. 36-319). - Name.
Section 36a-395. (Formerly Sec. 36-249). - Application of provisions.
Section 36a-396. (Formerly Sec. 36-250). - Notice to commissioner. Examination. Fee.
Section 36a-397. (Formerly Sec. 36-251). - Records. Deposit of funds.
Section 36a-398. (Formerly Sec. 36-252). - Powers.
Section 36a-399. (Formerly Sec. 36-253). - Orders and injunctions. Death of trustee.