2005 Connecticut Code - Sec. 45a-169. (Formerly Sec. 45-240). When probate bond not required.
Sec. 45a-169. (Formerly Sec. 45-240). When probate bond not required. The
Court of Probate may dispense with the requirement of a probate bond as set forth in
sections 45a-162 to 45a-169, inclusive, if: (1) The fiduciary is a bank or trust company
authorized to do business and maintaining a place of business in this state; (2) the fiduciary is a foreign bank or trust company which has qualified and been approved as such
fiduciary; (3) the fiduciary is excused by the will from giving a probate bond; or (4) the
Court of Probate determines that a bond is not required for the protection of interested
parties.
History: P.A. 73-254 authorized court to waive probate bond requirement if it determines the bond to be unnecessary "for the protection of interested parties"; P.A. 80-476 restated provisions but made no substantive change; Sec. 45-240 transferred to Sec. 45a-169 in 1991.
Annotation to former section 45-240:
Cited. 140 C. 594.
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