Connecticut Statutes
§ 36a-58 — (Formerly Sec. 36-9). Civil liability of officers.
Any director or officer of a financial institution who violates or assents to a violation of any provision of this title shall be liable to the institution concerned for any loss resulting therefrom.
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Connecticut § 36a-58 ((Formerly Sec. 36-9). Civil liability of officers.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(1949 Rev., S. 5754; P.A. 94-122, S. 33, 340.) History: P.A. 94-122 made technical changes, effective January 1, 1995; Sec. 36-9 transferred to Sec. 36a-58 in 1995. Annotation to former section 36-9: Care required of directors in oversight of bank; liability of directors for paying unearned dividends; statute of limitations. 89 C. 451.
Nearby Sections
15
§ 36a-101
Oath or affirmation by directors.§ 36a-110
Dividends.