Connecticut Statutes

§ 12-803 — Perpetual succession. Termination.

Connecticut § 12-803
JurisdictionConnecticut
Title 12Taxation
Ch. 229aConnecticut Lottery Corporation

This text of Connecticut § 12-803 (Perpetual succession. Termination.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Conn. Gen. Stat. § 12-803 (2026).

Text

The corporation shall have perpetual succession. Such succession shall continue until the existence of the corporation is terminated by law, provided no such termination shall affect any outstanding contractual obligation of the corporation and the state shall succeed to the obligations of the corporation under any such contract. Upon termination of the corporation, its rights and properties shall pass to and be vested in the state.

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Legislative History

(P.A. 96-212, S. 4, 32.) History: P.A. 96-212 effective July 1, 1996.

Nearby Sections

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Bluebook (online)
Connecticut § 12-803, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/12-803.