Any director or officer of a financial institution who violates or assents to a violation of any provision of this title shall be liable to the institution concerned for any loss resulting therefrom.
(1949 Rev., S. 5754; P.A. 94-122, S. 33, 340.)
History: P.A. 94-122 made technical changes, effective January 1, 1995; Sec. 36-9 transferred to Sec. 36a-58 in 1995.
Annotation to former section 36-9:
Care required of directors in oversight of bank; liability of directors for paying unearned dividends; statute of limitations. 89 C. 451.
Structure Connecticut General Statutes
Title 36a - The Banking Law of Connecticut
Chapter 664a - Administration and Enforcement
Section 36a-10. - General regulation-making authority.
Section 36a-11. (Formerly Sec. 36-10). - Appointment and restrictions.
Section 36a-12. (Formerly Sec. 36-11). - Employees. Restrictions.
Section 36a-13. (Formerly Sec. 36-12b). - Commissioner to submit estimates of expenditures.
Section 36a-14. (Formerly Sec. 36-13). - Reports to Governor and banks committee.
Section 36a-14a. - Quarterly report of revenue collected by department.
Section 36a-15. (Formerly Sec. 36-14). - Report of violations of law.
Section 36a-16. (Formerly Sec. 36-63). - Reports to commissioner; penalties.
Section 36a-18. (Formerly Sec. 36-9f). - Information re stock ownership or subscription.
Section 36a-19. (Formerly Sec. 36-17). - Accounting forms.
Section 36a-20. (Formerly Sec. 36-19). - Appraisal of real estate.
Section 36a-22. (Formerly Sec. 36-21a). - Declaratory rulings.
Section 36a-23a. - Designation of Martin Luther King, Jr. Corridors.
Section 36a-24b. - System-based licensure and registration.
Section 36a-24c. - Location of activity pursuant to a license or registration.
Section 36a-25. - Student Loan Ombudsman. Duties. Student loan borrower education course.
Section 36a-26. - Deposit index.
Section 36a-30. (Formerly Sec. 36-52a). - Community reinvestment. General requirements.
Section 36a-31. (Formerly Sec. 36-52b). - Community reinvestment notice.
Section 36a-33. (Formerly Sec. 36-52d). - Commissioner to prepare lists of banks.
Section 36a-37. - Community credit unions: Definitions.
Section 36a-37a. - Community reinvestment: General requirements.
Section 36a-37b. - Community reinvestment performance evaluation; copies.
Section 36a-37c. - Community reinvestment notice.
Section 36a-37d. - Community reinvestment performance; effects in connection with certain approvals.
Section 36a-37e. - Commissioner to prepare lists of credit unions.
Section 36a-40. (Formerly Sec. 36-2a). - Retention of Connecticut bank and credit union records.
Section 36a-41. (Formerly Sec. 36-9j). - Definitions.
Section 36a-42. (Formerly Sec. 36-9k). - Disclosure of financial records prohibited; exceptions.
Section 36a-44. (Formerly Sec. 36-9m). - Exceptions re confidential treatment of customer records.
Section 36a-45. (Formerly Sec. 36-9n). - Violations of financial records disclosure provisions.
Section 36a-52. - Cease and desist orders. Notice and hearing.
Section 36a-52a. - Notice to licensees and registrants by personal delivery.
Section 36a-53a. - False or misleading statements prohibited.
Section 36a-53b. - Prohibitions re activities subject to jurisdiction of commissioner.
Section 36a-54. (Formerly Sec. 36-6). - False entries by officials of financial institutions.
Section 36a-57. (Formerly Sec. 36-8). - Penalties for violation of banking law.
Section 36a-58. (Formerly Sec. 36-9). - Civil liability of officers.
Section 36a-60. - Deposit of fines or civil penalties in General Fund.