Connecticut Statutes
§ 38a-404 — Limitations on powers.
No person subject to sections 38a-400 to 38a-425, inclusive, shall engage in activities prohibited to corporations under section 38a-45, except that such persons may guarantee the obligations of their agents in the normal course of business by issuing closing protection letters.
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Legislative History
(P.A. 90-218, S. 5.)
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