Sec. 36a-626. Definitions. - Connecticut Statutes

      Sec. 36a-626. Definitions. As used in sections 36a-625 to 36a-634, inclusive, unless the context otherwise requires:

      (1) "Business and industrial development corporation" means a person approved or seeking approval by the federal Small Business Administration as a participating lender under its loan guarantee programs, which applies to the commissioner for a license in accordance with sections 36a-625 to 36a-634, inclusive.

      (2) "License" means a license issued under sections 36a-625 to 36a-634, inclusive, authorizing a person to transact business as a business and industrial development corporation.

      (3) "Licensee" means a person that is licensed under sections 36a-625 to 36a-634, inclusive.

      (P.A. 93-382, S. 57, 69; P.A. 94-122, S. 288, 340.)

      History: P.A. 93-382 effective July 1, 1993; P.A. 94-122 deleted definitions of "commissioner" and "person" and made technical changes, effective January 1, 1995.