{"data":{"id":"us-ct/conn.-gen.-stat.-38a-102e","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 38a-102e","heading":"Loan or investment prohibition.","body":"No domestic insurer shall make any loan or investment, other than a life insurance policy loan secured by its policies in an amount not exceeding the net reserve value thereof, unless authorized or approved by its board of directors or a committee thereof responsible for supervising or making such loan or investment or by committees or persons pursuant to a delegation of authority. The terms and limitations of any delegation of authority by the board of directors or any committee shall be by its actions which are duly recorded.","path":["TITLE 38a. INSURANCE","CHAPTER 698. INSURERS","PART III. INVESTMENTS"],"source_url":"https://www.cga.ct.gov/current/pub/chap_698.htm#sec_38a-102e","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":"a8be60a4179e161d32b092bc52a1d8ae1f741d085dd2e2c1f7fd3bfd74e6ae4f","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-38a-102d","next":"us-ct/conn.-gen.-stat.-38a-102f"},"notice":"GroundRules: Original legal text. Not legal advice."}
