Sec. 38a-149. (Formerly Sec. 38-38). Interlocking directorate.
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/ct/title-38a/chapter-698-insurers/38a-149·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any person may be a director in two or more insurance corporations when such interlocking directorate is not used as a means of substantially lessening competition or tending to create a monopoly.