Current as of June 28, 2021 | Updated by FindLaw Staff
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The Comptroller, on behalf of the trust and for purposes of the trust, may:
(1) Receive and invest moneys in the trust in any instruments, obligations, securities or property in accordance with section 3-123cc;
(2) Procure insurance in connection with the trust's property, assets, activities, or deposits or contributions to the trust;
(3) Establish one or more funds within the trust and maintain separate accounts for each designated beneficiary; and
(4) Take any other actions necessary to carry out the purposes of sections 3-123aa to 3-123ff, inclusive, and incidental to the duties imposed on the Comptroller pursuant to said sections.
Cite this article: FindLaw.com - Connecticut General Statutes Title 3. State Elective Officers § 3-123bb. Powers of Comptroller re Connecticut Home Care Trust Fund - last updated June 28, 2021 | https://codes.findlaw.com/ct/title-3-state-elective-officers/ct-gen-st-sect-3-123bb/
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