Connecticut § 31-49l Board of directors. Responsibilities.

Connecticut Statutes

§ 31-49l — Board of directors. Responsibilities.

Connecticut § 31-49l

Title 31Labor

Ch. 557Employment Regulation

This text of Connecticut § 31-49l (Board of directors. Responsibilities.) 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. § 31-49l (2026).

Text

(a)The Paid Family and Medical Leave Insurance Authority board of directors, in conducting the business of the authority, including its oversight functions, shall act:

(1)With the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of like character and with like aims; and (2) in accordance with the provisions of sections 31-49e to 31-49t, inclusive, and any other applicable sections of the general statutes.

(b)The board shall, to the extent reasonable and practicable, require any agents engaged or appointed by the authority to abide by the standard of care described in subsection (a) of this section.

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(a) The Paid Family and Medical Leave Insurance Authority board of directors, in conducting the business of the authority, including its oversight functions, shall act: (1) With the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of like character and with like aims; and (2) in accordance with the provisions of sections 31-49e to 31-49t, inclusive, and any other applicable sections of the general statutes. (b) The board shall, to the extent reasonable and practicable, require any agents engaged or appointed by the authority to abide by the standard of care described in subsection (a) of this section.