Current with legislation from the 2024 Regular and Special Sessions.
Section 34-602 - Required notice or approval(a) A domestic or foreign entity that is required to give notice to or obtain the approval of a governmental agency or officer in order to be a party to a merger shall give such notice or obtain such approval in order to be a party to an interest exchange, conversion or domestication.(b) Property held for a charitable purpose under the law of this state by a domestic or foreign entity immediately before a transaction under this chapter becomes effective shall not, as a result of the transaction, be diverted from the objects for which it was donated, granted or devised, unless, to the extent required by or pursuant to the law of this state concerning cy pres or other law concerning nondiversion of charitable assets, the entity obtains an appropriate order of the court specifying the disposition of the property.Conn. Gen. Stat. § 34-602
Amended by P.A. 24-0070,S. 6 of the Connecticut Acts of the 2024 Regular Session, eff. 10/1/2024.Added by P.A. 11-0241, S. 3 of the the 2011 Regular Session, eff. 1/1/2014.