{"data":{"id":"us-ct/conn.-gen.-stat.-36a-629","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 36a-629","heading":"Safe and sound business practice required.","body":"(a) Each licensee shall transact its business in a safe and sound manner and shall maintain itself in a safe and sound condition.\n(b) No licensee or the directors or officers of such licensee, if such licensee is a corporation, shall commit any unsafe or unsound act.","path":["TITLE 36a. THE BANKING LAW OF CONNECTICUT","CHAPTER 668. NONDEPOSITORY FINANCIAL INSTITUTIONS","PART VII. CONNECTICUT BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION ACT"],"source_url":"https://www.cga.ct.gov/current/pub/chap_668.htm#sec_36a-629","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":"2026-09-06T19:07:12Z","sha256":"5613d6b6b3f7147074932f85cbd4e610c16682776600109496b7294971d266f1","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-36a-628","next":"us-ct/conn.-gen.-stat.-36a-630"},"notice":"GroundRules: Original legal text. Not legal advice."}