Sec. 36a-381. (Formerly Sec. 36-315). Exemptions.
Sec. 36a-381. (Formerly Sec. 36-315). Exemptions. The provisions of sections
36a-380 to 36a-386, inclusive, shall not apply to the administration of: (1) Any trust for
cemetery purposes by an incorporated cemetery association; (2) any charitable, religious
or educational trust by a corporation organized for charitable, religious or educational
purposes; (3) any trust by a life insurance company of the proceeds of its insurance
policies; (4) any trust by a corporation without compensation and not as a part of its
regular business; (5) any trust in real or personal property the trustee of which is a
corporation acting pursuant to the provisions of section 45a-206; (6) any trust the trustee
of which is a corporation acting pursuant to the provisions of section 36a-395; or (7)
any trust the trustee of which is a corporation acting pursuant to section 36a-434a.
(1949 Rev., S. 6019; P.A. 86-234, S. 1, 6; P.A. 92-12, S. 77; P.A. 94-122, S. 175, 340; P.A. 98-258, S. 3.)
History: P.A. 86-234 deleted former Subdiv. (e) re inapplicability of chapter to trust in real property or real property
accompanied by personal property as included in Sec. 49-93 provisions under mortgage or deed of trust held as security
for loan and inserted new Subdivs. (e) and (f) re trust having as trustee corporations acting pursuant to Secs. 45-191 and
36-249, respectively; P.A. 92-12 redesignated Subdivs.; P.A. 94-122 made technical changes, effective January 1, 1995;
Sec. 36-315 transferred to Sec. 36a-381 in 1995; P.A. 98-258 added new Subdiv. (7) re exemption for any trust the trustee
of which is a corporation acting pursuant to Sec. 36a-434a.