Connecticut General Statutes 38a-102f – Prohibition of compensation for negotiating a loan
Current as of: 2023 | Check for updates
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No director or officer of a domestic insurer shall receive any money or valuable consideration for negotiating, procuring or recommending any loan from such domestic insurer or for selling or aiding in the sale of any stocks or securities to or by such domestic insurer.
Terms Used In Connecticut General Statutes 38a-102f
- Domestic insurer: means any insurer that has been chartered by, incorporated, organized or constituted within or under the laws of this state. See Connecticut General Statutes 38a-1