2012 Connecticut General Statutes
Title 36a - The Banking Law of Connecticut
Chapter 668 - Nondepository Financial Institutions
Section 36a-626 - Definitions.
As used in sections 36a-625 to 36a-634, inclusive, unless the context otherwise requires:
(1) “Business and industrial development corporation” means a person approved or seeking approval by the federal Small Business Administration as a participating lender under its loan guarantee programs, which applies to the commissioner for a license in accordance with sections 36a-625 to 36a-634, inclusive.
(2) “License” means a license issued under sections 36a-625 to 36a-634, inclusive, authorizing a person to transact business as a business and industrial development corporation.
(3) “Licensee” means a person that is licensed under sections 36a-625 to 36a-634, inclusive.
(P.A. 93-382, S. 57, 69; P.A. 94-122, S. 288, 340.)
History: P.A. 93-382 effective July 1, 1993; P.A. 94-122 deleted definitions of “commissioner” and “person” and made technical changes, effective January 1, 1995.
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