Sec. 38a-840. (Formerly Sec. 38-277). Board of directors. Selection. Reimbursement for expenses.
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Connecticut Code › Title 38a › Chapter 704a › Section 38a-840
This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.
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(b) In approving selections to said board, the commissioner shall consider among other things whether all member insurers are fairly represented.
(c) Members of said board shall receive no compensation as such but shall be reimbursed from the assets of said association for actual and necessary expenses incurred by them in carrying out their official duties as members of the board of directors.
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