Home/Connecticut/Statutes/Title 38a: Insurance/Ch. 698: Insurers/§ 38a-149
Connecticut Statutes

§ 38a-149 — (Formerly Sec. 38-38). Interlocking directorate.

Connecticut·Title 38a Insurance·Ch. 698 Insurers
Any person may be a director in two or more insurance corporations when such interlocking directorate is not used as a means of substantially lessening competition or tending to create a monopoly.

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Connecticut § 38a-149 ((Formerly Sec. 38-38). Interlocking directorate.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(1949 Rev., S. 6094.) History: Sec. 38-38 transferred to Sec. 38a-149 in 1991.

Nearby Sections

15
§ 38a-1
(Formerly Sec. 38-1). Definitions.
§ 38a-10
(Formerly Sec. 38-4c). Regulations on arbitration procedure.
§ 38a-1000
Applicability.
§ 38a-1001
Definitions.
§ 38a-1002
Approval of self-insurance group required.
§ 38a-1003
Group certificate of approval. Application. Fees.
§ 38a-1004
Duration and termination of certificate of approval.
§ 38a-1005
Examination of group. Costs.
§ 38a-1006
Group board of trustees.
§ 38a-1007
Requirements for an employer to join group after its approval. Termination of membership. Insolvency or bankruptcy of member.
§ 38a-1008
Service company and administrator to be mutually disinterested.
§ 38a-1009
Nonemployee soliciting group membership must be licensed.
§ 38a-1010
Annual statement of financial condition required. Untrue statement prohibited.
§ 38a-1011
Taxes.
§ 38a-1012
Misrepresentation and omission in membership solicitation prohibited.
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