Sec. 38a-404. Limitations on powers.
Sec. 38a-404. Limitations on powers. No person subject to sections 38a-400 to
38a-425, inclusive, shall engage in activities prohibited to corporations under section
38a-45, except that such persons may guarantee the obligations of their agents in the
normal course of business by issuing closing protection letters.
(P.A. 90-218, S. 5.)