Conn. Gen. Stat. § 36a-58

Current with legislation from the 2024 Regular and Special Sessions.

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.)

Annotation to former section 36-9: Care required of directors in oversight of bank; liability of directors for paying unearned dividends; statute of limitations. 89 C. 451.