{"data":{"id":"us-ct/conn.-gen.-stat.-33-1128","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 33-1128","heading":"Judicial action.","body":"(a) A transaction effected or proposed to be effected by the corporation, or by an entity controlled by the corporation, may not be the subject of equitable relief, or give rise to an award of damages or other sanctions against a director of the corporation, in a proceeding by a member or director or by or in the right of the corporation, on the ground that the director has an interest respecting the transaction, if it is not a director's conflicting interest transaction.\n(b) A director's conflicting interest transaction may not be the subject of equitable relief, or give rise to an award of damages or other sanctions against a director of the corporation, in a proceeding by a member or director or by or in the right of the corporation, on the ground that the director has an interest respecting the transaction, if: (1) Directors' action respecting the transaction was taken in compliance with section 33-1129 at any time; (2) members' action respecting the transaction was taken in compliance with section 33-1130 at any time; or (3) the transaction, judged according to the circumstances at the relevant time, is established to have been fair to the corporation.","path":["TITLE 33. CORPORATIONS","CHAPTER 602. NONSTOCK CORPORATIONS","PART VII. DIRECTORS AND OFFICERS"],"source_url":"https://www.cga.ct.gov/current/pub/chap_602.htm#sec_33-1128","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":"6b2a1843c37ff728d8278da5bf6d34aff93419969a0c8bdc2c2670ebb9694593","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-33-1127","next":"us-ct/conn.-gen.-stat.-33-1129"},"notice":"GroundRules: Original legal text. Not legal advice."}