{"data":{"id":"us-ct/conn.-gen.-stat.-34-502a","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 34-502a","heading":"Purposes of statutory trust.","body":"A statutory trust may be organized to carry on any lawful business or activity, whether or not conducted for profit, and for any lawful purpose, including, without limitation, holding or otherwise taking title to property, whether in an active, passive or custodial capacity.","path":["TITLE 34. LIMITED PARTNERSHIPS, PARTNERSHIPS, PROFESSIONAL ASSOCIATIONS, LIMITED LIABILITY COMPANIES AND STATUTORY TRUSTS","CHAPTER 615. STATUTORY TRUSTS"],"source_url":"https://www.cga.ct.gov/current/pub/chap_615.htm#sec_34-502a","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:11Z","sha256":"04f7ee15f08a843cd29ab31f249e927c700a6b71f960982f92f1b09bca54f7b5","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-34-502","next":"us-ct/conn.-gen.-stat.-34-502b"},"notice":"GroundRules: Original legal text. Not legal advice."}