Sec. 45a-499gg. Cy pres. Except as otherwise provided in section 45a-499hh, if a particular charitable purpose becomes unlawful, impracticable, impossible to achieve or wasteful: (1) The trust does not fail, in whole or in part; (2) the trust property does not revert to the settlor or the settlor's successors in interest; and (3) the court may apply cy pres to modify or terminate the trust, subject to section 45a-520, by directing that the trust property be applied or distributed, in whole or in part, in a manner consistent with the settlor's charitable purposes.
(P.A. 19-137, S. 33; P.A. 21-39, S. 4.)
History: P.A. 19-137 effective January 1, 2020; P.A. 21-39 amended Subdiv. (3) to add “subject to section 45a-520,”, effective January 1, 2022.