Conn. Gen. Stat. § 33-924

Effect of certificate of authority

Known as the Connecticut Business Corporation Act

The act spans §§ 33–33 (278 sections).

Applied in 1 court decision — leading case 114 Cal. App. 4th 434 - State Farm Mutual Automobile Insurance v. Superior Court (2003)

Most recently applied in 114 Cal. App. 4th 434 - State Farm Mutual Automobile Insurance v. Superior Court (December 2003)

(P.A. 94-186, S. 188, 215; P.A. 96-271, S. 135, 254.) History: P.A. 94-186 effective January 1, 1997; P.A. 96-271 amended Subsec

(a) A certificate of authority authorizes the foreign corporation to which it is issued to transact business in this state subject, however, to the right of the state to revoke the certificate as provided in sections 33-600 to 33-998 , inclusive.

(b) A foreign corporation with a valid certificate of authority has the same but no greater rights and has the same but no greater privileges as, and except as otherwise provided by sections 33-600 to 33-998 , inclusive, is subject to the same duties, restrictions, penalties and liabilities imposed on, a domestic corporation of like character.

(c) Sections 33-600 to 33-998 , inclusive, do not authorize this state to regulate the organization or internal affairs of a foreign corporation authorized to transact business in this state.

Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.