Sec.1-81-7. Disclosure of securities in excess of five thousand dollars, definition of “securities”

Included in the definition of “securities” for purposes of section 1-83(b)(1)(C) of the Connecticut General Statutes, and therefore required to be disclosed, are stocks, bonds, investment partnerships or trusts (including Real Estate Investment Trusts and stock trusts), hedge funds, investment “pools” or funds (including venture capital funds), and mutual funds. Also included in the definition of “securities” is the right to purchase or own any of the aforementioned securities (i.e., an “option” or “derivative”). Bank accounts, certificates of deposit, and money-market funds are not within the definition of “securities” and need not be disclosed under section 1-83(b)(1)(C) of the Connecticut General Statutes.

(Effective June 16, 1993; Amended January 2, 2008; Amended May 11, 2023)