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Summary of 2009 Amendments to the Connecticut Business Corporation Act

September 17, 2009

Michael Grundei

Amendments (the “Amendments”) have recently been made to the Connecticut Business Corporation Act (the “CBCA”) and will take effect on October 1, 2009. The following memorandum summarizes the most significant of these amendments.

The majority of the Amendments can be sorted into one of three categories: (1) Shareholder Action; (2) Directors’ Matters; and (3) Appraisal Rights. The Amendments are summarized according to these categories, with additional significant amendments discussed in a fourth category, (4) Other Significant Amendments.

Resources

ClientAlert-Summary09-Aug09-rev2.pdf

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Michael Grundei

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