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.(1949 Rev., S. 6094.)History: Sec. 38-38 transferred to Sec. 38a-149 in 1991. 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.(1949 Rev., S. 6094.)History: Sec. 38-38 transferred to Sec. 38a-149 in 1991.
Connecticut Legal Code