No person subject to sections 38a-400 to 38a-425, inclusive, shall engage in activities prohibited to corporations under section 38a-45, except that such persons may guarantee the obligations of their agents in the normal course of business by issuing closing protection letters.(P.A. 90-218, S. 5.) No person subject to sections 38a-400 to 38a-425, inclusive, shall engage in activities prohibited to corporations under section 38a-45, except that such persons may guarantee the obligations of their agents in the normal course of business by issuing closing protection letters.(P.A. 90-218, S. 5.)
Connecticut Legal Code
§ 38a-404
Connecticut Title 38a — Connecticut law
Source: https://www.cga.ct.gov/current/pub/chap_700a.htm#sec_38a-404· Version 2026