2012 Connecticut General Statutes
Title 36a - The Banking Law of Connecticut
Chapter 664a - Administration and Enforcement
Section 36a-58 - (Formerly Sec. 36-9). Civil liability of officers.
Any director or officer of a financial institution who violates or assents to a violation of any provision of this title shall be liable to the institution concerned for any loss resulting therefrom.
(1949 Rev., S. 5754; P.A. 94-122, S. 33, 340.)
History: P.A. 94-122 made technical changes, effective January 1, 1995; Sec. 36-9 transferred to Sec. 36a-58 in 1995.
Care required of directors in oversight of bank; liability of directors for paying unearned dividends; statute of limitations. 89 C. 451.
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