LegalFix
Sign In

Section 38a-617 - (Formerly Sec. 38-239). Examination of foreign or alien society.

CT Gen Stat § 38a-617 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

The commissioner, or any person whom he may appoint, may examine any foreign or alien society transacting or applying for admission to transact business in this state. He may employ assistants and he, or any person he may appoint, shall have free access to all books, papers and documents that relate to the business of the society. He may in his discretion accept, in lieu of such examination, the examination of the insurance department of the state, territory, district, province or country where such society is organized. The compensation and actual expenses of the examiners making any examination or general or special valuation shall be paid by the society examined or by the society whose certificate obligations have been valued, upon statements furnished by the commissioner.

(1949 Rev., S. 6265; 1957, P.A. 448, S. 36; P.A. 90-243, S. 144.)

History: P.A. 90-243 substituted “foreign” for “nonresident” and “alien” for “foreign” societies; Sec. 38-239 transferred to Sec. 38a-617 in 1991.

Previous Section
Section 38a-616 - (Formerly Sec. 38-238). Examination of domestic society by commissioner.
Next Section
Section 38a-618 - (Formerly Sec. 38-240). Statement affecting status of society prohibited pending answer of society.