Sec. 38a-149. (Formerly Sec. 38-38). Interlocking directorate. 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.
(1949 Rev., S. 6094.)
History: Sec. 38-38 transferred to Sec. 38a-149 in 1991.