Statement

Let DCD\subseteq\mathbb C be a domain, let aDa\in D, and let faf_a be a at aa. If faf_a can be analytically continued along every path in DD starting at aa, then all continuations fit together to a single holomorphic function F:DCF:D\to\mathbb C whose germ at aa is faf_a.

Homotopy form

More generally, along two paths with the same endpoints give the same terminal germ when the paths are homotopic relative to their endpoints and continuation exists throughout the homotopy. Simple connectivity makes every two such paths homotopic, which yields the core statement.

Why the hypotheses matter

The square-root germ near 11 can be continued along every path in C{0}\mathbb C\setminus\{0\}, but continuation around a loop encircling 00 changes its sign. The punctured plane is not simply connected, so the theorem does not force a single-valued square root there.

Scope

The theorem concerns monodromy of analytic continuation. It should not be confused with monodromy representations of covering spaces or differential equations, although those constructions encode the same path-dependence mechanism.

References
  1. Otto Forster, Lectures on Riemann Surfaces, Springer, 1981. Publisher record. Relevant: Chapter 1, §§6–7.