Sec. 36a-626. Definitions.
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.