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Connecticut · Through Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)

Conn. Gen. Stat. § 36a-629: Safe and sound business practice required.

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Where this section sits in the code
  1. TITLE 36a. THE BANKING LAW OF CONNECTICUT
  2. CHAPTER 668. NONDEPOSITORY FINANCIAL INSTITUTIONS
  3. PART VII. CONNECTICUT BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION ACT

(a) Each licensee shall transact its business in a safe and sound manner and shall maintain itself in a safe and sound condition.

(b) No licensee or the directors or officers of such licensee, if such licensee is a corporation, shall commit any unsafe or unsound act.

Collected 2026-09-06T19:07:12Z. Source file · JSON

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