Conn. Gen. Stat. § 36a-833

Current with legislation from the 2024 Regular and Special Sessions.

Section 36a-833 - Errors and omissions insurance policy; cash or securities deposit; letters of credit

An exchange facilitator at all times shall:

(1) Maintain an errors and omissions policy of insurance in an amount not less than two hundred fifty thousand dollars executed by an insurer authorized to do business in this state; or

(2) deposit an amount of cash or securities or provide irrevocable letters of credit in an amount not less than two hundred fifty thousand dollars.

Conn. Gen. Stat. § 36a-833

( P.A. 13-135, S. 8; 13-253, S. 28.)