Conn. Gen. Stat. § 36a-629
Safe and sound business practice required
Connecticut · General Statutes of Connecticut Chapter 668 — Nondepository Financial Institutions · Status: effective
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- Citation
- Conn. Gen. Stat. § 36a-629, Safe and sound business practice required, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2201104
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Full text
(a) Each licensee shall transact its business in a safe and sound manner and shall maintain itself in a safe and sound condition.
(b) No licensee or the directors or officers of such licensee, if such licensee is a corporation, shall commit any unsafe or unsound act.