Connecticut General Statutes
Conn. Gen. Stat. § 3-61a (2026)
Property held by fiduciary presumed abandoned, when
✓ current as of May 2026
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All property and any income or increment thereon held in a fiduciary capacity for the benefit of another person is presumed abandoned unless the owner has, within seven years after it became payable or distributable, increased or decreased the principal, accepted payment of principal or income, corresponded in writing with the fiduciary concerning the property or otherwise indicated an interest as evidenced by a memorandum on file with the fiduciary.
(1961, P.A. 540, S. 6; Nov. Sp. Sess. P.A. 81-1, S. 5, 10; P.A. 84-456, S. 7, 12.)
History: Nov. Sp. Sess. P.A. 81-1 changed time period after which property is presumed abandoned from 10 to 7 years; P.A. 84-456 deleted all references, as included under Subdivs. (1) to (3), inclusive, to the type of organization or any person acting as fiduciary.
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Notes of Decisions
Cited in 3
cases (1 in the last 5 years), 1979–2025 · leading case: In re Ne. Utils., 479 F. Supp. 194 (D. Conn. 1979).
In re Ne. Utils., 479 F. Supp. 194 (D. Conn. 1979). “” Section 3-61a similarly provides that “[a]ll property and any income or increment thereon held in a fiduciary capacity for the benefit of another person is presumed abandoned unless the owner has, within ten years after it became payable or distributable, increased or…”
Off. of Chief Disciplinary Couns. v.Vaccaro (Conn. App. Ct. 2025). “4 General Statutes § 3-61a provides: ‘‘All property and any income or incre- ment thereon held in a fiduciary capacity for the benefit of another person is presumed abandoned unless the owner has, within seven years after Page 4 CONNECTICUT LAW JOURNAL 0, 0 6 ,0 0 Conn.”
Aetna Life Ins. v. Parker, 692 F. Supp. 94 (D. Conn. 1988). “§ 3-60; property held by fiduciaries, Conn.Gen.Stat. § 3-61a; property held by public bodies or officers, Conn.”
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