A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction or further power under subdivision (1) of subsection (b) of section 45a-500f regarding:
(1) A payback provision in the terms of a trust necessary to comply with the reimbursement requirements of 42 USC 1396p(d)(4)(A), as amended from time to time; and
(2) A charitable interest in the trust, including notice regarding the interest to the Attorney General.
(P.A. 19-137, S. 86.)
History: P.A. 19-137 effective January 1, 2020.