Connecticut General Statutes
Chapter 601 - Business Corporations
Section 33-727. - Applicability to foreign corporations.

In any derivative proceeding in the right of a foreign corporation, the matters covered by sections 33-720 to 33-727, inclusive, shall be governed by the laws of the jurisdiction of incorporation of the foreign corporation except for sections 33-723, 33-725 and 33-726.

(P.A. 94-186, S. 82, 215.)
History: P.A. 94-186 effective January 1, 1997.

Structure Connecticut General Statutes

Connecticut General Statutes

Title 33 - Corporations

Chapter 601 - Business Corporations

Section 33-600. - Short title: Connecticut Business Corporation Act.

Section 33-601. - Construction of statutes.

Section 33-602. - Definitions.

Section 33-603. - Notices and other communications.

Section 33-603a. - Householding.

Section 33-604. - Number of shareholders.

Section 33-605. - Qualified director.

Section 33-606. - Defective corporate actions. Definitions.

Section 33-606a. - Defective corporate action not void or voidable, when.

Section 33-606b. - Ratification of defective corporate actions.

Section 33-606c. - Action on ratification.

Section 33-606d. - Notice requirements re action on ratification.

Section 33-606e. - Effect of ratification.

Section 33-606f. - Filings.

Section 33-606g. - Judicial proceeding re validity of corporate action.

Section 33-608. - Filing requirements.

Section 33-609. - Forms. Mailing address.

Section 33-610. - Effective time and date of document.

Section 33-611. - Correcting filed document.

Section 33-612. - Filing duty of Secretary of the State.

Section 33-613. - Appeal from Secretary of the State's refusal to file document.

Section 33-614. - Evidentiary effect of copy of filed document.

Section 33-615. - Certificate of existence or authorization.

Section 33-616. - Penalty for signing false document.

Section 33-617. - Fees payable to Secretary of the State.

Section 33-618. - Franchise tax.

Section 33-622. - Powers of Secretary of the State.

Section 33-623. - Regulations regarding electronic filing.

Section 33-624. - Interrogatories by Secretary of the State.

Section 33-635. - Incorporators.

Section 33-636. - Certificate of incorporation.

Section 33-637. - Incorporation.

Section 33-638. - Liability for preincorporation transactions.

Section 33-639. - Organization of corporation.

Section 33-640. - Bylaws.

Section 33-641. - Emergency bylaws.

Section 33-642. - Certificate of incorporation or bylaws may require that internal corporate claims be brought in specified courts.

Section 33-645. - Purposes.

Section 33-646. - Authorization to form corporation to transact insurance business.

Section 33-647. - General powers.

Section 33-648. - Emergency powers.

Section 33-649. - Ultra vires.

Section 33-655. - Corporate name.

Section 33-656. - Reserved name.

Section 33-657. - Registered name.

Section 33-660. - Registered office and registered agent.

Section 33-661. - Change of registered office or registered agent.

Section 33-662. - Resignation of registered agent.

Section 33-663. - Service of process on corporation.

Section 33-665. - Authorized shares.

Section 33-666. - Terms of class or series of shares.

Section 33-667. - Issued and outstanding shares.

Section 33-668. - Fractional shares.

Section 33-671. - Subscription for shares before incorporation.

Section 33-672. - Issuance of shares.

Section 33-673. - Liability of shareholders.

Section 33-673a. - Definitions.

Section 33-673b. - Limitation on liability of an interest holder of a domestic entity. Application of veil piercing doctrine, when permitted.

Section 33-673c. - Liability of domestic entity based upon reverse veil piercing doctrine, not permitted.

Section 33-674. - Share dividends.

Section 33-675. - Share options and other equity compensation awards.

Section 33-676. - Form and content of certificates.

Section 33-677. - Shares without certificates.

Section 33-678. - Restriction on transfer of shares and other securities.

Section 33-679. - Expense of issue.

Section 33-680. - Surrender of share certificates.

Section 33-683. - Shareholder's preemptive rights.

Section 33-684. - Corporation's acquisition of its own shares.

Section 33-687. - Distributions to shareholders.

Section 33-695. - Annual meeting.

Section 33-696. - Special meeting.

Section 33-697. - Court-ordered meeting.

Section 33-698. - Action without meeting.

Section 33-699. - Notice of meeting.

Section 33-700. - Waiver of notice.

Section 33-701. - Record date.

Section 33-702. - Chairperson to preside.

Section 33-703. - Remote participation in annual and special meetings.

Section 33-704. - Shareholders' list for meeting.

Section 33-705. - Voting entitlement of shares.

Section 33-706. - Proxies.

Section 33-707. - Shares held by nominees.

Section 33-708. - Corporation's acceptance or rejection of votes.

Section 33-709. - Quorum and voting requirements for voting groups.

Section 33-710. - Action by single and multiple voting groups.

Section 33-711. - Greater quorum or voting requirement.

Section 33-712. - Voting for directors. Cumulative voting.

Section 33-713. - Inspectors.

Section 33-715. - Voting trust.

Section 33-716. - Voting agreement.

Section 33-717. - Shareholder agreement.

Section 33-720. - Derivative proceedings. Definitions.

Section 33-721. - Standing.

Section 33-722. - Demand.

Section 33-723. - Stay of proceedings.

Section 33-724. - Dismissal.

Section 33-725. - Discontinuance or settlement.

Section 33-726. - Payment of expenses.

Section 33-727. - Applicability to foreign corporations.

Section 33-735. - Requirements for and duties of board of directors.

Section 33-736. - Qualifications for directors or nominees for directors.

Section 33-737. - Number and election of directors.

Section 33-738. - Election of directors by certain classes of shareholders.

Section 33-739. - Terms of directors generally.

Section 33-740. - Staggered terms for directors.

Section 33-741. - Resignation of directors.

Section 33-742. - Removal of directors by shareholders.

Section 33-743. - Removal of directors by judicial proceeding.

Section 33-744. - Vacancy on board of directors.

Section 33-745. - Compensation of directors.

Section 33-748. - Meetings.

Section 33-749. - Action without meeting.

Section 33-750. - Notice of meeting.

Section 33-751. - Waiver of notice.

Section 33-752. - Quorum and voting.

Section 33-753. - Committees.

Section 33-754. - Submission of matters for shareholder vote.

Section 33-756. - General standards of conduct for directors.

Section 33-757. - Liability for unlawful distribution.

Section 33-758. - General standards of liability for directors.

Section 33-763. - Officers.

Section 33-764. - Functions of officers.

Section 33-765. - Standards of conduct for officers.

Section 33-766. - Resignation and removal of officers.

Section 33-767. - Contract rights of officers.

Section 33-770. - Definitions.

Section 33-771. - Permissible indemnification.

Section 33-772. - Mandatory indemnification.

Section 33-773. - Advance for expenses.

Section 33-774. - Court-ordered indemnification and advance for expenses.

Section 33-775. - Determination and authorization of indemnification.

Section 33-776. - Indemnification of and advance for expenses to officers. Indemnification by corporations incorporated prior to January 1, 1997.

Section 33-777. - Insurance.

Section 33-778. - Variation by corporate action.

Section 33-779. - Exclusivity of provisions.

Section 33-781. - Definitions.

Section 33-782. - Judicial action.

Section 33-783. - Directors' action.

Section 33-784. - Shareholders' action.

Section 33-785. - Taking advantage of a business opportunity.

Section 33-795. - Authority to amend.

Section 33-796. - Amendment by board of directors.

Section 33-797. - Amendment by board of directors and shareholders.

Section 33-798. - Voting on amendments by voting groups.

Section 33-799. - Amendment before issuance of shares.

Section 33-800. - Certificate of amendment.

Section 33-801. - Restated certificate of incorporation.

Section 33-802. - Amendment pursuant to reorganization.

Section 33-803. - Effect of amendment.

Section 33-806. - Amendment by shareholders or board of directors.

Section 33-807. - Bylaw increasing quorum or voting requirement for shareholders.

Section 33-808. - Bylaw increasing quorum or voting requirement for directors.

Section 33-809. - Bylaw provisions relating to the election of directors.

Section 33-814. - Definitions.

Section 33-815. - Merger.

Section 33-816. - Share exchange.

Section 33-817. - Action on plan of merger or share exchange.

Section 33-818. - Merger of subsidiary.

Section 33-819. - Certificate of merger or share exchange.

Section 33-820. - Effect of merger or share exchange.

Section 33-821. - Merger or share exchange with foreign corporation.

Section 33-821a. - Abandoned merger or share exchange.

Section 33-830. - Sale or other disposition of assets in regular course of business. Mortgage or other encumbrance, transfer or distribution of assets.

Section 33-831. - Sale or other disposition of assets leaving no significant continuing business activity.

Section 33-840. - Business combinations. Definitions.

Section 33-841. - Approval of business combination.

Section 33-842. - Exceptions.

Section 33-843. - Business combinations. Definitions.

Section 33-844. - Business combination with interested shareholder prohibited for five years unless approved by board of directors.

Section 33-845. - Excepted business combinations.

Section 33-855. - Definitions.

Section 33-856. - Right to appraisal.

Section 33-857. - Assertion of rights by nominees and beneficial owners.

Section 33-860. - Notice of appraisal rights.

Section 33-861. - Notice of intent to demand payment. Consequences of voting or consenting.

Section 33-862. - Appraisal notice and form.

Section 33-863. - Perfection of rights. Right to withdraw.

Section 33-864. - Share restrictions.

Section 33-865. - Payment.

Section 33-866. - Failure to take action.

Section 33-867. - After-acquired shares.

Section 33-868. - Procedure if shareholder dissatisfied with payment or offer.

Section 33-871. - Court action.

Section 33-872. - Court costs and expenses.

Section 33-880. - Dissolution by incorporators or initial directors.

Section 33-881. - Dissolution by board of directors and shareholders.

Section 33-882. - Certificate of dissolution.

Section 33-883. - Revocation of dissolution.

Section 33-884. - Effect of dissolution.

Section 33-885. - Requirements prior to final liquidating distribution of assets.

Section 33-886. - Known claims against dissolved corporation.

Section 33-887. - Unknown claims against dissolved corporation.

Section 33-887a. - Proceeding for determination of security for payment of contingent or unknown claims or claims arising after dissolution.

Section 33-887b. - Duties of directors of dissolved corporation.

Section 33-890. - Administrative dissolution.

Section 33-891. - Effect of administrative dissolution.

Section 33-892. - Reinstatement following administrative dissolution.

Section 33-893. - Appeal from refusal of reinstatement.

Section 33-896. - Grounds for judicial dissolution.

Section 33-897. - Procedure for judicial dissolution.

Section 33-898. - Receivership or custodianship.

Section 33-899. - Decree of dissolution.

Section 33-900. - Election to purchase in lieu of dissolution.

Section 33-903. - Deposit of assets with State Treasurer or other state official.

Section 33-910. - Provisions applicable to specially chartered corporations.

Section 33-911. - Formation of specially chartered corporation.

Section 33-912. - Amendment of special charter.

Section 33-913. - Surrender of charter and reincorporation.

Section 33-914. - Franchise tax.

Section 33-920. - Authority to transact business required.

Section 33-921. - Consequences of transacting business without authority.

Section 33-921a. - Limited amnesty for foreign corporation transacting business without authority.

Section 33-922. - Application for certificate of authority.

Section 33-923. - Amended certificate of authority.

Section 33-924. - Effect of certificate of authority.

Section 33-925. - Corporate name of foreign corporation.

Section 33-926. - Registered office and registered agent of foreign corporation.

Section 33-927. - Change of registered office or registered agent of foreign corporation.

Section 33-928. - Resignation of registered agent of foreign corporation.

Section 33-929. - Service of process on foreign corporation.

Section 33-932. - Withdrawal of foreign corporation.

Section 33-935. - Grounds for revocation.

Section 33-936. - Procedure for and effect of revocation.

Section 33-937. - Appeal from revocation.

Section 33-945. - Corporate records.

Section 33-946. - Inspection of records by shareholders.

Section 33-947. - Scope of inspection right.

Section 33-948. - Court-ordered inspection.

Section 33-949. - Inspection of records by directors.

Section 33-950. - Exception to notice requirement.

Section 33-951. - Financial statements for shareholders.

Section 33-952. - Other reports to shareholders.

Section 33-953. - Reports.

Section 33-954. - Failure to file report. Incorrect report.

Section 33-955. - Interim notice of change of director or officer.

Section 33-995. - Applicability to domestic corporations in existence on January 1, 1997.

Section 33-996. - Applicability to qualified foreign corporations.

Section 33-997. - Saving provisions.

Section 33-997a. - Reservation of power to amend or repeal.

Section 33-998. - Severability.