Connecticut § 34-524 - Indemnification.
Full text of Connecticut Connecticut General Statutes § 34-524 — Indemnification., with citation guidance and answers to common questions.
§ 34-524. Indemnification.
Sec. 34-524. Indemnification. (a) Subject to such standards and restrictions, if any, as are set forth in the governing instrument of a statutory trust, a statutory trust shall have the power to indemnify and hold harmless any trustee or beneficial owner or other person from and against any and all claims and demands whatsoever.
(b) The absence of a provision for indemnity in the governing instrument of a statutory trust shall not be construed to deprive any trustee or beneficial owner or other person of any right to indemnity which is otherwise available to such person under the laws of this state.
(P.A. 96-271, S. 237, 254.)
History: P.A. 96-271 effective October 1, 1997.
Secs. 34-525 to 34-529. Reserved for future use.
Frequently Asked Questions About Connecticut § 34-524
What does Connecticut General Statutes § 34-524 cover?
Section 34-524 ("Indemnification.") is part of the Connecticut General Statutes, the codified statutory law of Connecticut. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Connecticut § 34-524?
A common citation format is "Connecticut General Statutes § 34-524" (Connecticut). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Connecticut law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Connecticut official source linked on this page or consult a licensed Connecticut attorney.
How does Connecticut § 34-524 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Connecticut can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Connecticut.