Sec. 45a-541d. Duties at inception of trusteeship.
Sec. 45a-541d. Duties at inception of trusteeship. Within a reasonable time after
accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets
and make and implement decisions concerning the retention and disposition of assets,
in order to bring the trust portfolio into compliance with the purposes, terms, distribution
requirements and other circumstances of the trust, and with the requirements of sections
45a-541 to 45a-541l, inclusive.
(P.A. 97-140, S. 5.)