Connecticut § 33-1241 - Financial statements.
Full text of Connecticut Connecticut General Statutes § 33-1241 — Financial statements., with citation guidance and answers to common questions.
§ 33-1241. Financial statements.
Sec. 33-1241. Financial statements. (a) A corporation shall prepare annual financial statements, which may be consolidated or combined statements of the corporation and one or more of its subsidiaries or affiliates, as appropriate, that include a balance sheet as of the end of the fiscal year and statement of disbursements and receipts for that year.
(b) If annual financial statements are reported upon by a public accountant, his report must accompany them.
(P.A. 96-256, S. 157, 209.)
History: P.A. 96-256 effective January 1, 1997.
Frequently Asked Questions About Connecticut § 33-1241
What does Connecticut General Statutes § 33-1241 cover?
Section 33-1241 ("Financial statements.") is part of the Connecticut General Statutes, the codified statutory law of Connecticut. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Connecticut § 33-1241?
A common citation format is "Connecticut General Statutes § 33-1241" (Connecticut). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Connecticut law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Connecticut official source linked on this page or consult a licensed Connecticut attorney.
How does Connecticut § 33-1241 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Connecticut can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Connecticut.