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Code · Connecticut · Title 36a — The Banking Law of Connecticut · CHAPTER 668 — Nondepository Financial Institutions

Sec. 36a-629. Safe and sound business practice required.

47 words·~1 min read·/ct/title-36a/chapter-668-nondepository-financial-institutions/36a-629·

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(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.
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