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Current as of January 01, 2025 | Updated by Findlaw Staff
Whenever it appears to the commissioner that any person, including a controlling person of an offeror or target company, has engaged or is about to engage in any act or practice constituting a violation of sections 36b-40 to 36b-52, inclusive, or any regulation or order thereunder, he may, through the Attorney General, bring an action in the name of the state for the superior court of the judicial district of Hartford to enjoin the acts or practices and to enforce compliance with said sections or any order or regulation thereunder. Upon a proper showing the court may grant a permanent or temporary injunction or restraining order or may order rescission of any sales or purchases of securities determined to be unlawful under said sections or any regulation or order thereunder. The commissioner shall not be required to post any bond.
Cite this article: FindLaw.com - Connecticut General Statutes Title 36B. Connecticut Securities Law and Business Opportunity Investment Act § 36b-50. Injunction. Commissioner not to post bond - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-36b-connecticut-securities-law-and-business-opportunity-investment-act/ct-gen-st-sect-36b-50/
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