Conn. Agencies Regs. § 1-81-10a

Current through December 27, 2024
Section 1-81-10a - Disclosure of business affiliations

For purposes of section 1-83(b)(1)(H) of the Connecticut General Statutes, "similar business affiliation" means any association of persons jointly undertaking or owning a commercial enterprise in which there is:

(1) a community of interest among such persons in the performance of the subject matter of such enterprise;
(2) a right by such persons to directly influence the policies, direction and/or governance of the enterprise; and,
(3) a right by such persons to share directly in any profit gained by the enterprise.

Conn. Agencies Regs. § 1-81-10a

Adopted effective June 24, 2009; amended 5/11/2023