Connecticut Statutes
§ 38a-81 — (Formerly Sec. 38-132). Sale of property taken for debts.
In any case in which any domestic life insurance company has legally acquired, in payment of a debt previously contracted, any property, real or personal, situated in this state or elsewhere, such company may, upon the sale of such property, take in payment or part payment thereof the stocks or bonds of any company or corporation purchasing such property.
Free access — add to your briefcase to read the full text and ask questions with AI
Connecticut § 38a-81 ((Formerly Sec. 38-132). Sale of property taken for debts.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(1949 Rev., S. 6152.) History: Sec. 38-132 transferred to Sec. 38a-81 in 1991.
Nearby Sections
15
§ 38a-1000
Applicability.§ 38a-1001
Definitions.§ 38a-1005
Examination of group. Costs.§ 38a-1006
Group board of trustees.§ 38a-1011
Taxes.