2012 Connecticut General Statutes
Title 21 - Licenses
Chapter 409a - Fine Art Secured Lenders
Section 21-47r - Quarterly transaction statements. Exemption.
Each fine art secured lender shall submit quarterly to the licensing authority a sworn statement of his or her transactions, describing the fine art received and summarizing the nature and terms of each transaction. Such statement shall be in an electronic format prescribed by the licensing authority. The licensing authority may grant an exemption from the requirement of submitting such statement in electronic format for good cause shown. Each fine art secured lender shall maintain a written record of the name and residence address and a description of each person from whom the fine art was received and shall make such written record available to law enforcement authorities upon request.
(P.A. 12-131, S. 5.)
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