Conn. Agencies Regs. § 36b-31-5d
A statement in the written advisory contract of an advisory fee based on total or net asset value or of a flat fee constitutes compliance with the requirement in section 36b-5 (b) (1) (A) of the general statutes that the contract provide that the investment adviser not be compensated on the basis of capital gains or capital appreciation.
(Effective August 22, 1994; TransferredJuly 3, 1995)