Connecticut General Statutes 32-353 – Definitions
Current as of: 2023 | Check for updates
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As used in sections 32-353 to 32-355, inclusive:
Terms Used In Connecticut General Statutes 32-353
- Executor: A male person named in a will to carry out the decedent
- Fiduciary: A trustee, executor, or administrator.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Trustee: A person or institution holding and administering property in trust.
(1) “Commissioner” means the Commissioner of Economic and Community Development;
(2) “Minority-owned business” means any business (A) that is a minority business enterprise, as defined in § 4a-60g, and (B) that is a small business having fifty or fewer employees; and
(3) “Financial institution” means any trust company, bank, savings bank, credit union, savings and loan association, insurance company, investment company, mortgage banker, trustee, executor, pension fund, retirement fund or other fiduciary or private financial institution.