Conn. Gen. Stat. § 36a-626
Definitions
Connecticut · General Statutes of Connecticut Chapter 668 — Nondepository Financial Institutions · Status: effective
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- Conn. Gen. Stat. § 36a-626, Definitions, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2201101
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Full text
As used in sections 36a-625 to 36a-634, inclusive, unless the context otherwise requires:
(1) “Business and industrial development corporation” means a person approved or seeking approval by the federal Small Business Administration as a participating lender under its loan guarantee programs, which applies to the commissioner for a license in accordance with sections 36a-625 to 36a-634, inclusive.
(2) “License” means a license issued under sections 36a-625 to 36a-634, inclusive, authorizing a person to transact business as a business and industrial development corporation.
(3) “Licensee” means a person that is licensed under sections 36a-625 to 36a-634, inclusive.