Any person may be a director in two or more insurance corporations when such interlocking directorate is not used as a means of substantially lessening competition or tending to create a monopoly.
Conn. Gen. Stat. § 38a-149
(Formerly Sec. 38-38). Interlocking directorate
(1949 Rev., S. 6094.) History: Sec. 38-38 transferred to Sec. 38a-149 in 1991.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.