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CT SB00993

Bill

Official Source

Status

Engrossed

5/3/2017

Primary Sponsor

Judiciary Committee

Click for details

Origin

Senate

2017 General Assembly

AI Summary

  • Repeals and replaces Connecticut General Statutes Section 47-36bb, effective October 1, 2017
  • Defines "trust" as a trust created by a natural person during their lifetime or in their last will and testament admitted to probate
  • Validates transfers of real property interests directly to a trust (rather than to the trustee) as legally enforceable
  • Requires town clerks to index instruments involving trusts in both the trust name and the names of all identified trustees
  • Establishes a presumption that a person executing an instrument on behalf of a recorded trust was duly authorized and that the trust contained power to convey real property, absent evidence to the contrary in land records

Legislative Description

An Act Concerning Transfers Of An Interest In Real Property Made By A Trust Or Trustee.

Last Action

House Calendar Number 485

5/5/2017

Committee Referrals

Judiciary3/8/2017

Full Bill Text

No bill text available