Connecticut § 32-500 Definitions.

Connecticut Statutes

§ 32-500 — Definitions.

Connecticut § 32-500

Title 32Commerce and Economic and Community Development

Ch. 588vInternational Trade

This text of Connecticut § 32-500 (Definitions.) 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. § 32-500 (2026).

Text

As used in sections 32-500 to 32-512, inclusive:

(1)“Corporation” means Connecticut Innovations, Incorporated;

(2)“Commissioner” means the Commissioner of Economic and Community Development;

(3)“Department” means Department of Economic and Community Development;

(4)“Export” means the sale of goods or services by a business in Connecticut to a person, firm or corporation in another country;

(5)“Financial assistance” means grants, extensions of credit, loans or loan guarantees or combinations thereof;

(6)“Participation fee” means a fee paid to the state to compensate for expenses incurred by the state in organizing a trade show;

(7)“Recruitment” means the recruitment of foreign investment to the state;

(8)“Small and medium-sized company” means a business having not more than two hund

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As used in sections 32-500 to 32-512, inclusive: (1) “Corporation” means Connecticut Innovations, Incorporated; (2) “Commissioner” means the Commissioner of Economic and Community Development; (3) “Department” means Department of Economic and Community Development; (4) “Export” means the sale of goods or services by a business in Connecticut to a person, firm or corporation in another country; (5) “Financial assistance” means grants, extensions of credit, loans or loan guarantees or combinations thereof; (6) “Participation fee” means a fee paid to the state to compensate for expenses incurred by the state in organizing a trade show; (7) “Recruitment” means the recruitment of foreign investment to the state; (8) “Small and medium-sized company” means a business having not more than two hundred fifty employees; (9) “State” means the state of Connecticut; (10) “Success fee” means a fee paid to the department by a company which receives a contract to export goods or services as a result of assistance from the department; (11) “Trade consortium” means an industry cluster grouping of two or more companies, with or without university partners, working as a unified organization for the purpose of promoting and managing the exports of participating companies; (12) “Trade development company” means a business that assists small and medium-sized companies in entering foreign markets; and (13) “Trade representative” means a commercial trade representative in important world markets.

Legislative History

(P.A. 94-237, S. 1, 14; P.A. 95-250, S. 1; P.A. 96-211, S. 1, 5, 6; June 12 Sp. Sess. P.A. 12-1, S. 152.) History: P.A. 94-237 effective July 1, 1994; P.A. 95-250 and P.A. 96-211 replaced Commissioner and Department of Economic Development with Commissioner and Department of Economic and Community Development; pursuant to June 12 Sp. Sess. P.A. 12-1, “Connecticut Development Authority” and “authority” were changed editorially by the Revisors to “Connecticut Innovations, Incorporated” and “corporation”, respectively, in Subdiv. (1), effective July 1, 2012.