Current through December 4, 2024
Section 14-15-5 - Qualifications of leasing companyIn order to be authorized to issue temporary registration transfers, a leasing company shall meet the following requirements:
(a) The leasing company shall have furnished proof of financial responsibility to the commissioner in accordance with section 14-15 of the Connecticut General Statutes in the form of blanket coverage of all vehicles used in conjunction with its business. Proof of financial responsibility with respect to individual vehicles or groups of vehicles leased by the leasing company to a single lessee is not acceptable.(b) The leasing company shall have and maintain a place of business in this state at which the business of leasing or renting vehicles without drivers is conducted during normal business hours. If such leasing company has more than one such place of business, it shall designate one of such places for the maintenance and storage of records as required by section 14-15-7 of the Regulations of Connecticut State Agencies and shall inform the commissioner of such designation.Conn. Agencies Regs. § 14-15-5
Effective February 4, 1992; Amended June 1, 2015