Connecticut § 36a-626 Definitions.

Connecticut Statutes

§ 36a-626 — Definitions.

Connecticut § 36a-626

Title 36aThe Banking Law of Connecticut

Ch. 668Nondepository Financial Institutions

This text of Connecticut § 36a-626 (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. § 36a-626 (2026).

Text

As used in sections 36a-625 to 36a-634, inclusive, unless the context otherwise requires:

(1)“Business and industrial development corporation” means a person approved or seeking approval by the federal Small Business Administration as a participating lender under its loan guarantee programs, which applies to the commissioner for a license in accordance with sections 36a-625 to 36a-634 , inclusive.

(2)“License” means a license issued under sections 36a-625 to 36a-634 , inclusive, authorizing a person to transact business as a business and industrial development corporation.

(3)“Licensee” means a person that is licensed under sections 36a-625 to 36a-634 , inclusive.

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As used in sections 36a-625 to 36a-634, inclusive, unless the context otherwise requires: (1) “Business and industrial development corporation” means a person approved or seeking approval by the federal Small Business Administration as a participating lender under its loan guarantee programs, which applies to the commissioner for a license in accordance with sections 36a-625 to 36a-634 , inclusive. (2) “License” means a license issued under sections 36a-625 to 36a-634 , inclusive, authorizing a person to transact business as a business and industrial development corporation. (3) “Licensee” means a person that is licensed under sections 36a-625 to 36a-634 , inclusive.

Legislative History

(P.A. 93-382, S. 57, 69; P.A. 94-122, S. 288, 340.) History: P.A. 93-382 effective July 1, 1993; P.A. 94-122 deleted definitions of “commissioner” and “person” and made technical changes, effective January 1, 1995.