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.(P.A. 13-135, S. 8; 13-253, S. 28.)History: P.A. 13-253 made a technical change. 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.(P.A. 13-135, S. 8; 13-253, S. 28.)History: P.A. 13-253 made a technical change.
Connecticut Legal Code
§ 36a-833
Connecticut Title 36a — Connecticut law
Source: https://www.cga.ct.gov/current/pub/chap_669.htm#sec_36a-833· Version 2026