Conn. Gen. Stat. § 36a-833
Errors and omissions insurance policy; cash or securities deposit; letters of credit
Connecticut · General Statutes of Connecticut Chapter 669 — Regulated Activities · Status: effective
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- Citation
- Conn. Gen. Stat. § 36a-833, Errors and omissions insurance policy; cash or securities deposit; letters of credit, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2201303
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Full text
An exchange facilitator at all times shall:
(1) Maintain an errors and omissions policy of insurance in an amount not less than two hundred fifty thousand dollars executed by an insurer authorized to do business in this state; or (2) deposit an amount of cash or securities or provide irrevocable letters of credit in an amount not less than two hundred fifty thousand dollars.