The commissioner shall submit an annual report to the joint standing committee of the General Assembly having cognizance of matters relating to banks and credit unions no later than January first. The report shall summarize the commissioner's actions taken pursuant to section 36a-70, 36a-139a, subdivisions (40) and (41) of subsection (a) of section 36a-250 or subdivisions (22) and (23) of section 36a-455a.
(P.A. 00-40; P.A. 03-84, S. 25; P.A. 04-8, S. 3; P.A. 11-140, S. 7; P.A. 18-117, S. 1.)
History: P.A. 03-84 changed “Commissioner of Banking” to “commissioner”, effective June 3, 2003; P.A. 04-8 made technical changes, effective April 16, 2004; P.A. 11-140 changed reference to Sec. 36a-250(a) from Subdivs. (40) and (41) to Subdivs. (41) and (42), effective July 1, 2011; P.A. 18-117 added reference to credit unions, replaced reference to Sec. 36a-250(a)(42) with reference to Sec. 36a-250(a)(40) and added reference to Sec. 36a-455a(22) and (23).
Structure Connecticut General Statutes
Title 36a - The Banking Law of Connecticut
Chapter 665 - Powers, Loans and Investments
Section 36a-250. - Powers of Connecticut banks.
Section 36a-251. - Transactions requiring commissioner's approval. Maximum aggregate investments.
Section 36a-251a. - Actions taken pursuant to commissioner's discretionary powers. Annual report.
Section 36a-260. - Loans. Loan policies. Loan review policies. Assessment of loan reviews.
Section 36a-261. (Formerly Sec. 36-99). - Mortgage loans.
Section 36a-263. - Insider loans.
Section 36a-265. (Formerly Sec. 36-9g). - Alternative mortgage loan.
Section 36a-275. - Investments in debt securities and debt mutual funds.
Section 36a-276. - Investments in equity securities and equity mutual funds.
Section 36a-277. - Social purpose investments.
Section 36a-278 and 36a-279. - Investment in commercial paper. Leeway.
Section 36a-280. - Investment policy of bank governing board. Review by board.
Section 36a-285. (Formerly Sec. 36-142). - Savings banks life insurance.
Section 36a-286. - Investments and loans held by Connecticut banks on January 1, 1995.
Section 36a-287. - Compliance with federal Currency and Foreign Transactions Reporting Act.