Sec. 38a-64. (Formerly Sec. 38-41). Donations by domestic mutual companies.
Sec. 38a-64. (Formerly Sec. 38-41). Donations by domestic mutual companies.
Each domestic mutual insurance company, in addition to all other powers specially
granted to it by law, shall have power, subject to such provisions and limitations as
may be contained in its charter, certificate of incorporation or bylaws, or in any statute
affecting it, to make donations for the public welfare or for charitable or educational
purposes.
(1953, S. 2812d.)
History: Sec. 38-41 transferred to Sec. 38a-64 in 1991.