The commissioner may adopt such regulations in accordance with the provisions of chapter 54 and make such findings, consistent with sections 36a-435a to 36a-472a, inclusive, as may be necessary for the conduct of Connecticut credit unions and the enforcement of the provisions of said sections. The commissioner may adopt regulations in accordance with the provisions of chapter 54 to establish rates to be paid as dividends on shares having an agreed maturity subject to the conditions in section 36a-456c.
(P.A. 02-73, S. 72; P.A. 03-84, S. 74.)
History: P.A. 03-84 changed “Commissioner of Banking” to “commissioner”, effective June 3, 2003.
Structure Connecticut General Statutes
Title 36a - The Banking Law of Connecticut
Section 36a-435. (Formerly Sec. 36-194). - Definitions.
Section 36a-435a. - Short title: Connecticut Credit Union Act.
Section 36a-435b. - Definitions.
Section 36a-436. (Formerly Sec. 36-195). - License required.
Section 36a-436a. - Franchise and filing fee payable to the Secretary of the State.
Section 36a-437. (Formerly Sec. 36-196). - Organization.
Section 36a-437a. - Organization.
Section 36a-438a. - Field of membership. Expansion. Change in field of membership.
Section 36a-439. (Formerly Sec. 36-196c). - Change in the field of membership.
Section 36a-439a. - Membership applications. Expulsion of member.
Section 36a-440. (Formerly Sec. 36-196d). - Central credit union.
Section 36a-440b. - Financial and statistical reports and other information. Records.
Section 36a-441. (Formerly Sec. 36-198). - Powers.
Section 36a-441a. - Loan and lease losses account. Net worth requirement.
Section 36a-442. (Formerly Sec. 36-198b). - Mortgage loans to members.
Section 36a-442a. - Deposit of funds; withdrawals. Bond requirement.
Section 36a-448a. - Governing board powers.
Section 36a-449. (Formerly Sec. 36-203a). - Governing board meetings.
Section 36a-449a. - Meetings of governing board.
Section 36a-450. (Formerly Sec. 36-203b). - Governing board powers. Committees.
Section 36a-450a. - Executive committee.
Section 36a-451. (Formerly Sec. 36-203c). - Executive committee.
Section 36a-451a. - Supervisory committee. Members. Powers. Duties.
Section 36a-452. (Formerly Sec. 36-203d). - Investment policy.
Section 36a-452a. - Credit committee. Credit manager. Loan officer.
Section 36a-455. (Formerly Sec. 36-205). - Credit committee. Loans. Lines of credit.
Section 36a-456a. - Shares; secondary capital accounts; share insurance.
Section 36a-456b. - Tax and loan and note accounts.
Section 36a-456c. - Dividends.
Section 36a-457. (Formerly Sec. 36-208). - Supervisory committee. Members. Powers. Duties.
Section 36a-457a. - Loan policy.
Section 36a-457b. - Mortgage loans to members.
Section 36a-458. (Formerly Sec. 36-209). - Reserve requirements.
Section 36a-458a. - Loans. Definitions.
Section 36a-459. (Formerly Sec. 36-210). - Dividends.
Section 36a-459a. - Investment policy.
Section 36a-460. (Formerly Sec. 36-211). - Losses. Reduction of liabilities.
Section 36a-460a. - Corporate Connecticut credit union.
Section 36a-461a. - Credit union service organizations.
Section 36a-468b. - Conversion of Connecticut credit union into federal credit union.
Section 36a-470. (Formerly Sec. 36-223c). - Mergers.
Section 36a-470a. - Termination.
Section 36a-471. (Formerly Sec. 36-223d). - Sale of assets.
Section 36a-472. (Formerly Sec. 36-223e). - Out-of-state credit union doing business in this state.
Section 36a-472a. - No exemption from taxation.
Section 36a-476. - Compliance with federal Currency and Foreign Transactions Reporting Act.