Sec.1-81-10a. Disclosure of business affiliations

Latest version.

For purposes of section 1-83(b)(1)(H) of the Connecticut General Statutes, “similar business affiliation” means any association of persons jointly undertaking or owning a commercial enterprise in which there is:
(1) a community of interest among such persons in the performance of the subject matter of such enterprise;
(2) a right by such persons to directly influence the policies, direction and/or governance of the enterprise; and,
(3) a right by such persons to share directly in any profit gained by the enterprise.

(Adopted effective June 24, 2009; Amended May 11, 2023)

                    
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