Sec. 38a-121. (Formerly Sec. 38-68e). Excepted transactions. - Connecticut Statutes

State Codes and Statutes

Statutes > Connecticut > Title38a > Chap698 > Sec38a-121

      Sec. 38a-121. (Formerly Sec. 38-68e). Excepted transactions. The provisions of section 38a-119 shall not apply to any purchase and sale, or sale and purchase, and the provisions of section 38a-120 shall not apply to any sale, of an equity security of a domestic stock insurance company not then or theretofore held by him in any investment account, by a dealer in the ordinary course of his business and incident to the establishment or maintenance by him of a primary or secondary market for such security. The commissioner may, by such regulations as he deems necessary or appropriate in the public interest, define and prescribe terms and conditions with respect to securities held in an investment account and transactions made in the ordinary course of business and incident to the establishment or maintenance of a primary or secondary market.

      (February, 1965, P.A. 273, S. 5.)

      History: Sec. 38-68e transferred to Sec. 38a-121 in 1991.

      Annotation to former section 38-68e:

      Sec. 38-62 et seq. cited. 207 C. 77.

State Codes and Statutes

Statutes > Connecticut > Title38a > Chap698 > Sec38a-121

      Sec. 38a-121. (Formerly Sec. 38-68e). Excepted transactions. The provisions of section 38a-119 shall not apply to any purchase and sale, or sale and purchase, and the provisions of section 38a-120 shall not apply to any sale, of an equity security of a domestic stock insurance company not then or theretofore held by him in any investment account, by a dealer in the ordinary course of his business and incident to the establishment or maintenance by him of a primary or secondary market for such security. The commissioner may, by such regulations as he deems necessary or appropriate in the public interest, define and prescribe terms and conditions with respect to securities held in an investment account and transactions made in the ordinary course of business and incident to the establishment or maintenance of a primary or secondary market.

      (February, 1965, P.A. 273, S. 5.)

      History: Sec. 38-68e transferred to Sec. 38a-121 in 1991.

      Annotation to former section 38-68e:

      Sec. 38-62 et seq. cited. 207 C. 77.

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > Connecticut > Title38a > Chap698 > Sec38a-121

      Sec. 38a-121. (Formerly Sec. 38-68e). Excepted transactions. The provisions of section 38a-119 shall not apply to any purchase and sale, or sale and purchase, and the provisions of section 38a-120 shall not apply to any sale, of an equity security of a domestic stock insurance company not then or theretofore held by him in any investment account, by a dealer in the ordinary course of his business and incident to the establishment or maintenance by him of a primary or secondary market for such security. The commissioner may, by such regulations as he deems necessary or appropriate in the public interest, define and prescribe terms and conditions with respect to securities held in an investment account and transactions made in the ordinary course of business and incident to the establishment or maintenance of a primary or secondary market.

      (February, 1965, P.A. 273, S. 5.)

      History: Sec. 38-68e transferred to Sec. 38a-121 in 1991.

      Annotation to former section 38-68e:

      Sec. 38-62 et seq. cited. 207 C. 77.