Connecticut General Statutes
Title 36a - The Banking Law of Connecticut

Section 36a-13. (Formerly Sec. 36-12b). - Commissioner to submit estimates of expenditures. - The commissioner shall submit estimates of expenditure requirements in accordance...

Section 36a-14. (Formerly Sec. 36-13). - Reports to Governor and banks committee. - (a) The commissioner shall annually report to the Governor: (1)...

Section 36a-14a. - Quarterly report of revenue collected by department. - Not later than thirty days after the close of the...

Section 36a-15. (Formerly Sec. 36-14). - Report of violations of law. - The commissioner shall report to the proper prosecuting official each...

Section 36a-16. (Formerly Sec. 36-63). - Reports to commissioner; penalties. - (a)(1) Each Connecticut bank shall file with the commissioner such...

Section 36a-17. - Investigations and examinations. Electronic data processing servicers. Subpoenas. Powers of commissioner. Production of records. - (a) The commissioner, in the commissioner's discretion and as often...

Section 36a-18. (Formerly Sec. 36-9f). - Information re stock ownership or subscription. - Each capital stock Connecticut bank shall provide the commissioner with...

Section 36a-19. (Formerly Sec. 36-17). - Accounting forms. - The commissioner may prescribe such reasonable forms of accounting as...

Section 36a-20. (Formerly Sec. 36-19). - Appraisal of real estate. - If any person subject to the general supervision of the...

Section 36a-21. (Formerly Sec. 36-16). - Information to be confidential. Disclosure. Examination reports. Exemption. - (a) Notwithstanding any provision of state law and except as...

Section 36a-22. (Formerly Sec. 36-21a). - Declaratory rulings. - (a) No person shall be liable in any civil action...

Section 36a-23. (Formerly Sec. 36-28a). - Bank and credit union holidays. Closing of office in educational institution when not in session. Emergency closings. Opening of temporary offices or other facilities pursuant to an emergency or recovery oper... - (a) The Governor is authorized, by proclamation, to designate and...

Section 36a-23a. - Designation of Martin Luther King, Jr. Corridors. - The Banking Commissioner shall designate three Martin Luther King, Jr....

Section 36a-24. - Hearings. - (a) The commissioner, in the commissioner's discretion, may hold a...

Section 36a-24a. - Failure of critical functions of computer-based information systems owned or used by depository institutions. - Section 36a-24a is repealed, effective October 1, 2002. (P.A. 99-18,...

Section 36a-24b. - System-based licensure and registration. - (a) In addition to any other duties imposed upon the...

Section 36a-24c. - Location of activity pursuant to a license or registration. - The Banking Commissioner may, by order, establish a process to...

Section 36a-25. - Student Loan Ombudsman. Duties. Student loan borrower education course. - (a) The Banking Commissioner shall, within available appropriations, designate a...

Section 36a-26. - Deposit index. - The Banking Commissioner shall determine the deposit index for each...

Section 36a-30. (Formerly Sec. 36-52a). - Community reinvestment. General requirements. - (a) As used in sections 36a-30 to 36a-33, inclusive, unless...

Section 36a-31. (Formerly Sec. 36-52b). - Community reinvestment notice. - (a) Except as provided in subsection (d) of this section,...

Section 36a-32. (Formerly Sec. 36-52c). - Assessment of banks. Factors to be considered. Community reinvestment performance evaluation. - (a) In connection with the examination of a bank under...

Section 36a-33. (Formerly Sec. 36-52d). - Commissioner to prepare lists of banks. - The commissioner shall annually prepare and submit to the State...

Section 36a-34. - Findings of commissioner re Community Reinvestment Act compliance, consumer protection law compliance, adequacy of banking services to be provided and anticompetitive effects in connection with certain transaction approvals. - (a) As used in subsection (b) of this section: (1)...

Section 36a-37. - Community credit unions: Definitions. - As used in sections 36a-37 to 36a-37e, inclusive: (1) “Assessment...

Section 36a-37a. - Community reinvestment: General requirements. - (a) Each community credit union shall satisfy its continuing and...

Section 36a-37b. - Community reinvestment performance evaluation; copies. - (a) Each community credit union shall provide to the public...

Section 36a-37c. - Community reinvestment notice. - Each community credit union shall provide in the public lobby...

Section 36a-37d. - Community reinvestment performance; effects in connection with certain approvals. - The commissioner may consider the community reinvestment performance of a...

Section 36a-37e. - Commissioner to prepare lists of credit unions. - The commissioner shall annually prepare and submit to the State...

Section 36a-40. (Formerly Sec. 36-2a). - Retention of Connecticut bank and credit union records. - The commissioner may, by regulation adopted in accordance with chapter...

Section 36a-41. (Formerly Sec. 36-9j). - Definitions. - As used in sections 36a-41 to 36a-45, inclusive: (1) “Financial...

Section 36a-42. (Formerly Sec. 36-9k). - Disclosure of financial records prohibited; exceptions. - A financial institution may not disclose to any person, except...

Section 36a-43. (Formerly Sec. 36-9l). - Disclosure of financial records pursuant to lawful authority. - (a) Except as provided in section 36a-44, a financial institution...

Section 36a-44. (Formerly Sec. 36-9m). - Exceptions re confidential treatment of customer records. - No provision of sections 36a-41 to 36a-45, inclusive, shall be...

Section 36a-44a. - Customer protections. Compliance with Gramm-Leach-Bliley Financial Modernization Act. - Each financial institution that is a bank, Connecticut credit union,...

Section 36a-45. (Formerly Sec. 36-9n). - Violations of financial records disclosure provisions. - (a) Any officer or employee of a financial institution who...

Section 36a-50. - Enforcement action. Notice and hearing. Civil penalty. Injunction, restraining order and writ. Restitution and disgorgement. Costs. - (a)(1) Whenever the commissioner finds as the result of an...

Section 36a-51. - Suspension, revocation or refusal to renew license. Hearings. Surrender or expiration of license. Withdrawal of license application. Exceptions. - (a) The commissioner may suspend, revoke or refuse to renew...

Section 36a-51a. - Removal from office and from employment or retention as independent contractor. Notice and hearing. - (a) The Banking Commissioner may order a licensee to remove...

Section 36a-52. - Cease and desist orders. Notice and hearing. - (a) Whenever it appears to the commissioner that any person...

Section 36a-52a. - Notice to licensees and registrants by personal delivery. - Notwithstanding the provisions of subsection (c) of section 4-182, the...

Section 36a-53. (Formerly Sec. 36-25). - Proceedings by commissioner upon violation of banking laws. Civil penalties. - (a) As used in this section, (1) “related person” means...

Section 36a-53a. - False or misleading statements prohibited. - No person shall make or cause to be made orally...

Section 36a-53b. - Prohibitions re activities subject to jurisdiction of commissioner. - No person shall, in connection with any activity subject to...

Section 36a-54. (Formerly Sec. 36-6). - False entries by officials of financial institutions. - Any officer, agent, or employee of any financial institution who...

Section 36a-55. (Formerly Sec. 36-7). - Derogatory statements affecting banks, out-of-state banks or credit unions. - Any person who, wilfully and maliciously, makes, circulates or transmits...

Section 36a-56. (Formerly Sec. 36-7a). - False statement or report or overvaluing land, property or security. - Any person who knowingly makes any false statement or report,...

Section 36a-56a. - Use of name or trademark of bank or credit union prohibited in commercial advertisements that may mislead consumers. Enforcement action. - (a) No person shall use the name or trademark of...

Section 36a-57. (Formerly Sec. 36-8). - Penalties for violation of banking law. - (a) Any person who violates any provision of the banking...

Section 36a-58. (Formerly Sec. 36-9). - Civil liability of officers. - Any director or officer of a financial institution who violates...

Section 36a-59. - Authority of commissioner to enter into stipulations, agreements, memoranda of understanding and consent orders and issue preliminary warning letters. - (a) The commissioner may enter into one or more stipulations...

Section 36a-60. - Deposit of fines or civil penalties in General Fund. - Any fines or civil penalties imposed by the Banking Commissioner...

Section 36a-65. (Formerly Sec. 36-12a). - Assessment of expenses of Department of Banking. State Banking Fund. Fees. - (a)(1) Except as provided in subsection (e) of this section,...

Chapter 664b - Corporate Organization and Administration of Connecticut Banks

Section 36a-70. (Formerly Sec. 36-53). - Organization of Connecticut banks. Interim banks. Expedited Connecticut banks. Bankers' banks. Community banks. Community development banks. Uninsured banks. - (a) One or more persons may organize a Connecticut bank....

Section 36a-71. (Formerly Sec. 36-54). - Franchise not transferable; forfeiture. - The right of any Connecticut bank to conduct the business...

Section 36a-72. (Formerly Sec. 36-61). - General statutes to prevail. - The provisions of the general statutes shall prevail over any...

Section 36a-73. - Applicability of title 33. - The provisions of this title shall prevail over any inconsistent...

Section 36a-80. (Formerly Sec. 36-62). - Bylaws. Amendment to certificate of incorporation. - Upon the adoption of the bylaws or of any amendment...

Section 36a-81. (Formerly Sec. 36-64). - Relocation of main office. - (a) With the approval of the commissioner, a Connecticut bank...

Section 36a-82. (Formerly Sec. 36-87). - Change of name. - (a) Any capital stock Connecticut bank, after an affirmative vote...

Section 36a-83. (Formerly Sec. 36-90). - Examination by shareholders. - The shareholders of any capital stock Connecticut bank may examine...

Section 36a-84. (Formerly Sec. 36-117a). - Amendment of charter of mutual savings banks. - The charter of a mutual savings bank granted by a...

Section 36a-85. (Formerly Sec. 36-175). - Savings and loans' depositors' votes. - No depositor of any savings and loan association shall be...

Section 36a-86. (Formerly Sec. 36-128). - Audit by accountants; governing board liability. Subsidiaries of holding companies; consolidated reports. - (a) The governing board of each Connecticut bank shall annually...

Section 36a-95. (Formerly Sec. 36-9c). - Interlocking directors. - With the approval of the commissioner, a Connecticut bank or...

Section 36a-96. (Formerly Sec. 36-9e). - Bonds of officers and employees. - The governing board of each Connecticut bank, or out-of-state bank...

Section 36a-97. (Formerly Sec. 36-9ee). - Limitation on liability of directors of banks and credit unions. - The certificate of incorporation or charter of a bank, Connecticut...

Section 36a-98. (Formerly Sec. 36-69). - Compensation for attending committee meetings, auditing and appraising. Compensation to director or trustee for endorsing paper, recommending loans and selling Connecticut bank stocks and securities prohibited... - (a) The governing board of any Connecticut bank may fix...

Section 36a-99. (Formerly Sec. 36-121). - Removal of corporator of a mutual savings bank. - A corporator of a mutual savings bank may be removed...

Section 36a-100. (Formerly Sec. 36-126b). - Benefits for officers and employees. - (a) Any Connecticut bank, or two or more Connecticut banks...

Section 36a-101. - Oath or affirmation by directors. - Each director of a Connecticut bank, upon such director's election,...

Section 36a-102. - Identification of directors and officers. - The commissioner, in the commissioner's discretion and in accordance with...

Section 36a-105. (Formerly Sec. 36-88). - Authorization and issuance of additional shares. - (a) Chapter 601 shall govern the terms of issuance of...

Section 36a-106. (Formerly Sec. 36-89b). - Preferred shares. Capital notes and debentures. - (a) Subject to the approval of the commissioner, any capital...

Section 36a-107. - Reduction of capital stock and change in par value. - Subject to the approval of the commissioner, any capital stock...

Section 36a-108. (Formerly Sec. 36-89a). - Preemptive rights of holders of capital stock. - The preemptive rights of the holders of the capital stock...

Section 36a-109. - Rights or options to purchase shares. - The rights of a capital stock Connecticut bank to issue...

Section 36a-110. - Dividends. - (a) Except for dividends payable in shares of its capital...

Section 36a-111. - Acquisition and disposal of own stock. - Subject to the approval of the commissioner, a capital stock...

Section 36a-112. (Formerly Sec. 36-91). - Voting restrictions. - (a) No person shall vote on stock at a meeting...

Section 36a-120. (Formerly Sec. 36-29g). - Reserves for Connecticut banks and Connecticut credit unions. - (a) The amount and form of reserve requirements for Connecticut...

Chapter 664c - Fundamental Changes Involving Banks, Branches, Automated Teller Machines, Virtual Banking and Bank Holding Companies

Section 36a-125. (Formerly Sec. 36-193u). - Merger and consolidation of Connecticut banks. - (a) Except as provided in subsection (i) of this section,...

Section 36a-126. - Merger and consolidation of Connecticut banks with federal banks. - (a)(1) Except as provided in this subsection, any one or...

Section 36a-127. - Merger of Connecticut bank with nonbank affiliates. - A Connecticut bank may merge with one or more of...

Section 36a-135. - Conversions of a mutual institution into another mutual institution. - (a)(1) Any mutual savings bank, federal mutual savings bank, mutual...

Section 36a-136. (Formerly Sec. 36-142m). - Conversion of a mutual institution to a capital stock bank. Plan of conversion. - (a) With the approval of the commissioner, any mutual savings...

Section 36a-137. - Conversion of a capital stock bank into another capital stock bank. - (a)(1) Any capital stock Connecticut bank or capital stock federal...

Section 36a-138. - Conversion of a capital stock institution into a mutual institution. - (a) With the approval of the commissioner, any capital stock...

Section 36a-139. (Formerly Sec. 36a-252). - Conversion of community banks to Connecticut banks. - (a) Any community bank organized pursuant to subsection (r) of...

Section 36a-139a. (Formerly Sec. 36a-252a). - Conversion of uninsured banks and trust banks. - (a) Any uninsured bank or any trust bank may, upon...

Section 36a-139b. - Conversion to an uninsured bank. - (a) Any Connecticut bank may, upon the approval of the...

Section 36a-145. (Formerly Sec. 36-59). - Branches, limited branches, mobile branches and loan production offices. Establishment, operation, conversion, closing, relocation, consolidation and sale. - (a) As used in this section: (1) “Branch” means any...

Section 36a-155. (Formerly Sec. 36-193b). - Establishment and use of automated teller machines, satellite devices and point of sale terminals. - (a) One or more banks, Connecticut credit unions or federal...

Section 36a-156. (Formerly Sec. 36-193c). - Availability of automated teller machines, satellite devices and point of sale terminals. - (a) One or more banks, Connecticut credit unions or federal...

Section 36a-157. (Formerly Sec. 36-193d). - Satellite device or point of sale terminal not branch or office. - A satellite device or point of sale terminal is not...

Section 36a-158. (Formerly Sec. 36-193f). - Establishment and use of automated teller machines and point of sale terminals by out-of-state banks and out-of-state credit unions. - (a) Except as provided in subsection (b) of this section,...

Section 36a-159. (Formerly Sec. 36-193h). - Transactions at point of sale terminals. Changes in transactions permitted. - At such time as national banking associations having their main...

Section 36a-170. (Formerly Sec. 36-9ff). - Virtual banking. - (a) As used in this section, “virtual banking” means the...

Section 36a-180. (Formerly Sec. 36-418). - Short title: Connecticut Bank Holding Company and Bank Acquisition Act. - Sections 36a-180 to 36a-191, inclusive, shall be known as the...

Section 36a-181. (Formerly Sec. 36-420). - Organization of holding companies by capital stock Connecticut banks. - (a) A capital stock Connecticut bank, which is not owned...

Section 36a-182. (Formerly Sec. 36-421). - Ownership of bank shares not to be considered as transacting banking business. - No corporation shall be considered as transacting the business of...

Section 36a-183. (Formerly Sec. 36-422). - Applicability and construction of sections 36a-180 to 36a-191, inclusive. - (a) The application of sections 36a-180 to 36a-191, inclusive, shall...

Section 36a-184. (Formerly Sec. 36-423). - Acquisition of beneficial ownership of voting securities of banks and holding companies. Contents of acquisition statement. Registration statement. - (a) As used in this section: (1) “Person” means any...

Section 36a-185. (Formerly Sec. 36-425). - Public hearing. Disapproval of plan. Adequacy of services, findings. - (a) The offer, invitation, request, agreement or acquisition referred to...

Section 36a-186. (Formerly Sec. 36-426). - Injunction against unlawful offer or acquisition. Seizure or sequestration of securities. - The bank or holding company or the commissioner through the...

Section 36a-187. (Formerly Sec. 36-427). - Administration and enforcement. - (a) The commissioner has authority, in accordance with chapter 54,...

Section 36a-188. (Formerly Sec. 36-427a). - Registration with commissioner. Reports and examinations. - Each holding company shall register with the commissioner within one...

Section 36a-189. (Formerly Sec. 36-428). - Appeal from commissioner. - Any person aggrieved by any action of the commissioner under...

Section 36a-190. (Formerly Sec. 36-429). - Excepted transactions. - The provisions of sections 36a-183 to 36a-187, inclusive, shall not...

Section 36a-191. (Formerly Sec. 36-430). - Severability. - If any provision or clause of sections 36a-180 to 36a-191,...

Section 36a-192. (Formerly Sec. 36-142aa). - Reorganization of mutual savings banks and mutual savings and loan associations into mutual holding companies. Plan of reorganization. - (a) Notwithstanding any other provision of the general statutes, any...

Section 36a-193. (Formerly Sec. 36-142bb). - Reorganized savings institutions. Minimum equity capital requirement. Application. Certificate of authority. - (a) Any reorganized savings institution, except a trust bank, shall...

Section 36a-194. (Formerly Sec. 36-142cc). - Powers. - (a) Upon the reorganization of a mutual savings bank or...

Section 36a-195. (Formerly Sec. 36-142dd). - Issuance of preferred stock. - (a) Notwithstanding any other provision of law, a reorganized savings...

Section 36a-196. (Formerly Sec. 36-142ee). - Issuance of common stock. - (a) Following the reorganization of any mutual savings bank or...

Section 36a-197. (Formerly Sec. 36-142ff). - Conversion into stock holding company. - Any mutual holding company having its principal office in this...

Section 36a-198. (Formerly Sec. 36-142gg). - Mutual holding company subsidiary holding company. - (a) A mutual holding company may establish a subsidiary holding...

Section 36a-199. (Formerly Sec. 36-142hh). - Exemption from real estate conveyance taxes. - Any transfer of real estate in connection with the reorganization...

Section 36a-210. (Formerly Sec. 36-30). - Transfer of assets. - (a)(1) With the approval of the commissioner, a Connecticut bank...

Section 36a-215. (Formerly Sec. 36-22b). - Powers re troubled trust banks and uninsured banks. - If, in the opinion of the commissioner, a trust bank,...

Section 36a-216. (Formerly Sec. 36-22). - Powers in case of financial distress. - (a) Whenever, in the opinion of the commissioner, general financial...

Section 36a-217. (Formerly Sec. 36-26). - Establishment of maximum rate of dividends and interest. Regulations. - Whenever conditions affecting the demand for and supply of money,...

Section 36a-218. (Formerly Sec. 36-31). - Order to make good impairment of capital. Application for appointment of receiver. - Whenever the commissioner has reason to believe that the capital...

Section 36a-219. (Formerly Sec. 36-32). - Restraining order. Appointment of conservator. - (a) Whenever, in the opinion of the commissioner or the...

Section 36a-220. (Formerly Sec. 36-34). - Application for injunction, receiver or conservator in case of forfeited charter or certificate of authority, fraud, unsafe business practices, dissipation of assets, insolvency or termination of insurance of... - (a) If it appears to the commissioner that (1) the...

Section 36a-221. (Formerly Sec. 36-35). - Appointment of receiver or conservator on petition of shareholders. - A receiver or conservator for any capital stock Connecticut bank...

Section 36a-221a. - Duties of receivers of trust banks and uninsured banks. - (a)(1) The receiver of a trust bank or uninsured bank...

Section 36a-222. - Appointment of receiver or conservator for Connecticut banks and credit unions. Requirements. Division within department for liquidating or administering banks or credit unions. Appointment of agent. Reports. Salaries, costs and ex... - (a) In all cases in which the appointment of a...

Section 36a-223. (Formerly Sec. 36-36). - Duties of conservators and receivers for Connecticut banks and credit unions. Powers. - (a) The duty of the conservator shall be to carry...

Section 36a-224. (Formerly Sec. 36-37). - Refinancing or reorganization of Connecticut banks and credit unions in receivership. - Upon recommendation of the receiver and with the approval of...

Section 36a-225. (Formerly Sec. 36-38). - Limitation of time for presenting claims to receiver. Receiver to publish notice in newspaper and mail individual notice to depositors, clients, creditors and safe deposit box holders. - (a) The Superior Court, upon appointing a receiver of any...

Section 36a-226. (Formerly Sec. 36-39). - Duties of receiver re inventory and appraisal of assets of Connecticut banks and credit unions in receivership. Conversion of assets. Deposit of money. - The receiver shall, as soon after the receiver's appointment as...

Section 36a-226a. - Termination of contracts for bailment, deposit for hire or lease of safes, vaults or safe deposit boxes. Duties of receiver when property not removed. - (a) A contract between a trust bank or uninsured bank...

Section 36a-227. (Formerly Sec. 36-40). - Dissolution of attachments and levies. Posting of notice of injunction or appointment of receiver. - (a) All attachments of, or against, the estate of any...

Section 36a-228. (Formerly Sec. 36-40a). - Termination of executory contracts for services or advertising to which Connecticut banks and credit unions are a party. Validity of agreements that diminish interest of the estate in banks' and credit union... - (a) Within six months after the appointment of a receiver...

Section 36a-229. (Formerly Sec. 36-41). - Immediate delivery of records and other property to receivers and conservators of Connecticut banks and credit unions. Copies. Penalty for neglect or refusal to deliver records and other property. - (a) Each affiliate, officer, director, employee, shareholder, trustee, agent, attorney,...

Section 36a-230. (Formerly Sec. 36-43). - Claims not barred by statute of limitations against receiver. - No claim in favor of a Connecticut bank or Connecticut...

Section 36a-231. (Formerly Sec. 36-44). - Reports to be filed with Superior Court and commissioner. Payment of administrative expenses. Quarterly report. Objections. Audit of books and records of receivers of Connecticut banks and credit unions. Duti... - (a)(1) The receiver or conservator of a Connecticut bank or...

Section 36a-232. (Formerly Sec. 36-46). - Creditor's application for order to receiver. - Any creditor of the receivership may apply in writing to...

Section 36a-233. (Formerly Sec. 36-47). - Funds and property not subject to foreign attachment. - No part of the funds or property in the possession...

Section 36a-234. (Formerly Sec. 36-48). - Dissolution of injunction against receiver. - In any action against the receiver of any Connecticut bank...

Section 36a-235. (Formerly Sec. 36-49). - Conditions under which transfers of or liens on property or assets of Connecticut banks and credit unions in receivership are voidable. Personal liability of persons who implemented or benefited from voidable... - (a)(1) A transfer of or lien on the property or...

Section 36a-236. (Formerly Sec. 36-50). - Final distribution of receivership accounts. - Within sixty days after all the assets of the receivership...

Section 36a-237. (Formerly Sec. 36-51). - Distribution of assets of any Connecticut bank, trust bank or uninsured bank. Order of priority. Distribution of assets of a Connecticut credit union in event of liquidation. Sequence of distribution. - (a) The assets of any Connecticut bank, other than a...

Section 36a-237f. - Procedures re filing claims against the estate of trust banks and uninsured banks in receivership. Judgment. Appeal. Payment of claims. - (a) To receive payment of a claim against the estate...

Section 36a-237g. - Disposition of fiduciary records re fiduciary accounts of trust banks and uninsured banks. - (a) All fiduciary records relating to the administration of fiduciary...

Section 36a-237h. - Immunity for receivers and conservators of trust banks and uninsured banks and their employees. - (a) Persons entitled to protection under this section shall be:...

Section 36a-238. (Formerly Sec. 36-51a). - Subrogation of Federal Deposit Insurance Corporation, National Credit Union Administration or successor agencies. - Whenever the Federal Deposit Insurance Corporation or National Credit Union...

Section 36a-239. (Formerly Sec. 36-52). - Discharge of receiver or conservator. - (a) After a final disposition of funds as provided in...

Chapter 665 - Powers, Loans and Investments

Section 36a-250. - Powers of Connecticut banks. - (a) Except as otherwise provided in subsection (b) of this...

Section 36a-250a. - Connecticut banks and Connecticut credit unions. Funds deposited by licensees and state agencies. - Any Connecticut bank or Connecticut credit union, each as defined...

Section 36a-251. - Transactions requiring commissioner's approval. Maximum aggregate investments. - Section 36a-251 is repealed. (P.A. 94-122, S. 116, 340; P.A....

Section 36a-251a. - Actions taken pursuant to commissioner's discretionary powers. Annual report. - The commissioner shall submit an annual report to the joint...

Section 36a-260. - Loans. Loan policies. Loan review policies. Assessment of loan reviews. - (a) A Connecticut bank may make secured and unsecured loans,...

Section 36a-261. (Formerly Sec. 36-99). - Mortgage loans. - (a) As used in this section, the term “mortgage loan”...

Section 36a-262. (Formerly Sec. 36-98b). - Limitations on liabilities of any one obligor. Exemptions. - (a) Except as otherwise provided in this section, the total...

Section 36a-263. - Insider loans. - (a) As used in this section, “executive officer” has the...

Section 36a-264. (Formerly Sec. 36-68). - Loans secured by own stock or stock of holding company prohibited. Exception. - A capital stock Connecticut bank shall not make any loan...

Section 36a-265. (Formerly Sec. 36-9g). - Alternative mortgage loan. - (a)(1) “Mortgage loan” means a loan secured by a first...

Section 36a-266. (Formerly Sec. 36-101). - Investment in loans for repairs or reconstruction of property damaged by emergency. - A Connecticut bank may invest its assets in loans, the...

Section 36a-267. - Reverse annuity mortgage loans. Counseling, certification requirements. Penalties for violations. - (a) No entity, including, but not limited to, any state...

Section 36a-275. - Investments in debt securities and debt mutual funds. - (a) As used in this section, the term “debt securities”...

Section 36a-276. - Investments in equity securities and equity mutual funds. - (a) As used in this section: (1) “Equity security” means...

Section 36a-277. - Social purpose investments. - In addition to other investments authorized by sections 36a-275 and...

Section 36a-278 and 36a-279. - Investment in commercial paper. Leeway. - Sections 36a-278 and 36a-279 are repealed. (P.A. 94-122, S. 127,...

Section 36a-280. - Investment policy of bank governing board. Review by board. - (a) At least once a year, the governing board of...

Section 36a-285. (Formerly Sec. 36-142). - Savings banks life insurance. - (a) As used in this section, unless the context otherwise...

Section 36a-286. - Investments and loans held by Connecticut banks on January 1, 1995. - Each investment and loan held by a Connecticut bank on...

Section 36a-287. - Compliance with federal Currency and Foreign Transactions Reporting Act. - Each Connecticut bank shall comply with the applicable provisions of...

Chapter 665a - Deposits

Section 36a-290. (Formerly Sec. 36-3). - Joint deposit and share accounts. - (a) When a deposit account has been established at any...

Section 36a-291. (Formerly Sec. 36-113). - Pledge of savings, share and time accounts in single or joint ownership. - Unless the applicable deposit contract or share contract provides that...

Section 36a-292. (Formerly Sec. 36-3a). - Liability of survivor receiving payment on joint deposit account or share account. - (a) Whenever all or any portion of the balance of...

Section 36a-293. (Formerly Sec. 36-5). - Adverse claim to deposit account or share account. - Notice to any bank, Connecticut credit union or federal credit...

Section 36a-294. (Formerly Sec. 36-114). - Loss, theft or destruction of passbooks, certificates or instruments. - When any passbook, certificate or instrument, negotiable or nonnegotiable, transferable...

Section 36a-295. (Formerly Sec. 36-76). - Rendering of statement and delivery of passbook; accuracy and completeness presumed after seven years. - Except as otherwise provided by applicable state or federal law,...

Section 36a-296. (Formerly Sec. 36-110). - Deposits or share accounts in trust. - (a)(1) No bank, Connecticut credit union, or federal credit union...

Section 36a-297. (Formerly Sec. 36-111). - Deposits or share accounts of minors. - A minor may contract to establish a deposit account with...

Section 36a-298. (Formerly Sec. 36-106). - Notice of withdrawals. - Notwithstanding any contrary provisions of its charter or bylaws: (1)...

Section 36a-299. (Formerly Sec. 36-9i). - Permitted and prohibited transfers by negotiable withdrawal order. - (a) A Connecticut bank may permit unlimited transfers by negotiable...

Section 36a-300. (Formerly Sec. 36-108). - School savings deposits and time deposits. - The superintendent of any school system or the principal of...

Section 36a-301. (Formerly Sec. 36-9q). - Tax and loan accounts and note accounts. - (a) As used in this section: (1) “Tax and loan...

Section 36a-302. (Formerly Sec. 36-9v). - Applicability of federal Expedited Funds Availability Act to banks and credit unions. - Each bank, Connecticut credit union and federal credit union shall...

Section 36a-303. (Formerly Sec. 36-9o). - Charge for overdraft, when prohibited. - No bank, Connecticut credit union or federal credit union may...

Section 36a-304. (Formerly Sec. 36-9bb). - Cashing of state checks. Fee prohibited. Liability for loss from wrongful payment. - (a) Each bank, Connecticut credit union and federal credit union...

Section 36a-305. (Formerly Sec. 36-9cc). - Regulations re cashing state checks. - The Commissioner of Social Services, in cooperation with the commissioner,...

Section 36a-306. - Connecticut banks and Connecticut credit unions to accept identification cards, when. - A Connecticut bank or Connecticut credit union shall accept any...

Section 36a-307. (Formerly Sec. 36-9dd). - Interest on savings deposit accounts. - (a) For purposes of this section: (1) “Savings deposit account”...

Section 36a-308. - Savings promotion raffles. - (a) For purposes of this section, “savings promotion raffle” means...

Section 36a-309. - Basic banking accounts. - (a) For purposes of this section: (1) “Banking institution” means...

Section 36a-315. (Formerly Sec. 36-27a). - Short title: Deposit Account Contract Act. - Sections 36a-315 to 36a-323, inclusive, shall be known and may...

Section 36a-316. (Formerly Sec. 36-27b). - Definitions. - As used in sections 36a-315 to 36a-323, inclusive: (1) “Annual...

Section 36a-317. (Formerly Sec. 36-27c). - Prohibited acts of financial institutions. - (a) Except as otherwise provided in sections 36a-315 to 36a-323,...

Section 36a-317a. - Charges for stop payment orders. - A charge for a stop payment order made in accordance...

Section 36a-317b. - Check cashing. Adequate identification. - Each bank, as defined in section 36a-2, shall cash, at...

Section 36a-318. (Formerly Sec. 36-27d). - Copy of deposit account contract and schedule of charges and interest to be furnished to depositors. Exceptions. Notice requirements. Notice re imposition of dormancy fees on inactive deposit accounts. Notic... - (a) Except as provided in subsection (c) of this section,...

Section 36a-319. (Formerly Sec. 36-27e). - Deposit account disclosures. List of charges. - Each financial institution, other than a Connecticut credit union or...

Section 36a-320. (Formerly Sec. 36-27f). - Changes in deposit account charges. Notice. - (a) A financial institution may delete or decrease any existing...

Section 36a-321. (Formerly Sec. 36-27g). - Changes in computation of interest or interest rate. Notice. - (a) No financial institution, other than a Connecticut credit union...

Section 36a-322. (Formerly Sec. 36-27h). - Enforcement powers of commissioner. - If the commissioner finds that a financial institution is violating...

Section 36a-323. (Formerly Sec. 36-27i). - Exceptions. Waivers. - Notwithstanding any other provision of sections 36a-315 to 36a-323, inclusive:...

Section 36a-330. (Formerly Sec. 36-382). - Definitions. - As used in sections 36a-330 to 36a-338, inclusive, unless the...

Section 36a-331. (Formerly Sec. 36-383). - Protection of public deposits. - All public deposits in qualified public depositories shall be protected...

Section 36a-332. (Formerly Sec. 36-385). - Powers of commissioner. - (a) The commissioner has the power (1) to require any...

Section 36a-333. (Formerly Sec. 36-386). - Collateral requirements. - (a)(1) To secure public deposits, each qualified public depository that...

Section 36a-334. (Formerly Sec. 36-387). - Procedure upon loss. - When the commissioner determines that a loss has occurred, the...

Section 36a-335. (Formerly Sec. 36-388). - Subrogation of commissioner to depositor's rights. - Upon payment to any public depositor, the commissioner shall be...

Section 36a-336. (Formerly Sec. 36-389). - Public deposits in qualified public depository or out-of-state bank. Prohibition on charging certain costs, fees or expenses. - (a) No public deposit shall be made except in a...

Section 36a-337. (Formerly Sec. 36-390). - Securing of public deposits. - (a) All qualified public depositories shall have power to secure...

Section 36a-338. (Formerly Sec. 36-391). - Report of public depository. Maintenance of records. - (a) On each call report date, each qualified public depository...

Chapter 665b - Fiduciary Powers

Section 36a-350. - Permitted investments. - (a) Except as otherwise provided in this section and sections...

Section 36a-351. (Formerly Sec. 36-9z). - Investment of funds exceeding one thousand dollars in income-producing media; fee. Written policy. Fiduciary obligations satisfied. - (a) Except as otherwise expressly provided in the instrument, judgment,...

Section 36a-352. (Formerly Sec. 36-81). - Segregation of trust funds. Registration; nominees. - (a) All investments held by or in the custody of...

Section 36a-353. (Formerly Sec. 36-9w). - Investments in certain investment companies or investment trusts. - In the absence of any express provisions to the contrary,...

Section 36a-365. (Formerly Sec. 36-83). - Common trust funds: Definitions. - As used in sections 36a-365 to 36a-372, inclusive, unless the...

Section 36a-366. - Establishment by qualified fiduciary and investment of funds. - (a) Any fiduciary qualified to act as such in this...

Section 36a-367. - Management. - The provisions of this section apply to the establishment and...

Section 36a-368. - Maintenance in accord with written plan. Regulations re establishment and maintenance of collective managing agency accounts. - Each collective managing agency account to be maintained by a...

Section 36a-369. - Investment. - (a) The funds and assets of a common trust fund...

Section 36a-370. - Mortgages. - If mortgages are held in a common trust fund, the...

Section 36a-371. - Taxation. - No fiduciary, or the common trust funds held by it,...

Section 36a-372. - Investment in common trust funds by national banking associations and foreign corporations acting as executor or testamentary trustee. - Any national banking association or foreign corporation which has qualified...

Section 36a-380. (Formerly Sec. 36-314). - License. - (a) Except as provided in this section, no entity, other...

Section 36a-381. (Formerly Sec. 36-315). - Exemptions. - The provisions of sections 36a-380 to 36a-386, inclusive, shall not...

Section 36a-382. (Formerly Sec. 36-316). - Examination; cost and fee. - The commissioner shall annually or more often examine each entity...

Section 36a-383. (Formerly Sec. 36-317). - Procedure in case of failure to comply with cease and desist order or insolvency. - If it at any time appears to the commissioner that...

Section 36a-384. (Formerly Sec. 36-318). - Segregation of securities. Deposits. - The securities and investments of each trust committed to any...

Section 36a-385. (Formerly Sec. 36-319). - Name. - No such entity so licensed shall use, either as a...

Section 36a-386. (Formerly Sec. 36-319a). - Planned Lifetime Assistance Network of Connecticut, Inc. Self-sufficiency trusts. - (a) Planned Lifetime Assistance Network of Connecticut, Inc. shall have...

Section 36a-395. (Formerly Sec. 36-249). - Application of provisions. - The provisions of this section and sections 36a-396 to 36a-399,...

Section 36a-396. (Formerly Sec. 36-250). - Notice to commissioner. Examination. Fee. - (a) Each such trustee, before acting as such trustee, shall...

Section 36a-397. (Formerly Sec. 36-251). - Records. Deposit of funds. - All moneys, funds or other assets held in trust by...

Section 36a-398. (Formerly Sec. 36-252). - Powers. - Each trustee shall have the following powers, whether expressly contained...

Section 36a-399. (Formerly Sec. 36-253). - Orders and injunctions. Death of trustee. - (a) If the trustee does not comply with any such...

Chapter 666 - Out-of-State Banks

Section 36a-410. (Formerly Sec. 36-552). - Definitions. - As used in sections 36a-410 to 36a-413, inclusive, unless the...

Section 36a-410a. - Mergers between Connecticut and out-of-state banks authorized. Interstate branching. - It is the purpose of public act 95-155* to permit...

Section 36a-411. (Formerly Sec. 36-553). - Out-of-state holding companies: Powers re interstate acquisitions and establishment of banks and Connecticut holding companies. - Any out-of-state holding company may, with the approval of the...

Section 36a-412. (Formerly Sec. 36-555). - Out-of-state banks: Merger, consolidation and acquisition. De novo branches. Powers of branches. Loan production offices. Applicability of Connecticut law. Commissioner approval. - (a)(1) Any out-of-state bank, whether or not owned or controlled...

Section 36a-413. (Formerly Sec. 36-558). - Severability. - If any section contained in sections 36a-410 to 36a-412, inclusive,...

Section 36a-428. - Foreign banks authorized to establish and maintain state branches and state agencies, subject to the regulations and orders of the commissioner. License requirements. - A foreign bank may establish and maintain in this state...

Section 36a-428a. - Application for license to establish and maintain state branch or state agency. Application form, supporting documents, fee. Investigation by commissioner and issuance of license. Display of license. License may not be transferred... - (a) Application for a license to establish and maintain a...

Section 36a-428b. - Operation of foreign bank at state branch or state agency, rights, privileges, duties, restrictions, etc., exceptions. Deposit insurance from FDIC not required. Not subject to certain statutory provisions, when. Assessment for exp... - (a) Except as otherwise specifically provided in sections 36a-428 to...

Section 36a-428c. - Deposit of assets by foreign bank. Holding of currency or other assets in relation to liabilities. Unusual and extraordinary circumstances; deposit of assets with banks designated by commissioner. - (a) Upon and after establishing a state branch or state...

Section 36a-428d. - Certification of paid-in capital stock, surplus fund and undivided profits; limitation or restriction. - (a) Before establishing a state branch or state agency in...

Section 36a-428e. - Conversion of state agency to state branch, state branch to state agency, and federal branch or federal agency to state branch or state agency. - The commissioner may, subject to such regulations as the commissioner...

Section 36a-428f. - Prior notice by foreign bank of change in its place of business, its corporate name and the business it proposes to do in this state. - Any foreign bank licensed to establish and maintain a state...

Section 36a-428g. - Representative office; licensing requirements; application; fee; renewal; content of license; investigation of facts by commissioner. Foreign bank subject to regulations and orders of commissioner. - (a) No person shall establish or maintain a representative office...

Section 36a-428h. - Books, accounts and records to be maintained and available at state branch, state agency or representative office. Reports to commissioner. - (a) Each foreign bank licensed to maintain a state branch,...

Section 36a-428i. - Notice of acquisition of control or merger of foreign bank. - (a) A foreign bank licensed to maintain a state branch,...

Section 36a-428j. - Revocation, suspension or refusal to renew license to maintain state branch, state agency or representative office. - A license issued to a foreign bank to maintain a...

Section 36a-428k. - Voluntary liquidation of business and property of state branches and state agencies. - (a) Any foreign bank which (1) has been licensed to...

Section 36a-428l. - Investigation and examination concerning foreign bank licensed to maintain state branch, state agency or representative office. Commissioner's powers; duties of foreign bank; cost of examination; penalties. - (a) The commissioner may make such public or private investigations...

Section 36a-428m. - Certain public officials and state employees barred from employment with Swiss Bank prior to January 1, 1996. - Section 36a-428m is repealed, effective October 1, 2002. (Oct. Sp....

Section 36a-428n. - Involuntary liquidation of business and property of foreign banks having a state branch or state agency. - (a) As used in this section: (1) “Branch or agency...

Chapter 666a - Out-of-State Trust Companies

Section 36a-434a. - Establishment of offices by out-of-state trust companies. - (a) Any out-of-state trust company, whether or not owned or...

Section 36a-434b. - Bond requirement. - The governing board of an out-of-state trust company that maintains...

Section 36a-434c. - Powers of commissioner re offices of out-of-state trust companies. - (a) The commissioner may make such examination or investigation of...

Section 36a-434d. - Notice to commissioner. - Each out-of-state trust company that maintains an office in this...

Chapter 667 - Credit Unions

Section 36a-435. (Formerly Sec. 36-194). - Definitions. - Section 36a-435 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-435a. - Short title: Connecticut Credit Union Act. - Sections 36a-435a to 36a-472a, inclusive, shall be known as the...

Section 36a-435b. - Definitions. - As used in sections 36a-435a to 36a-472a, inclusive, unless the...

Section 36a-436. (Formerly Sec. 36-195). - License required. - Section 36a-436 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-436a. - Franchise and filing fee payable to the Secretary of the State. - (a) The franchise and filing fee payable to the Secretary...

Section 36a-436b. - Issuance of certificate of authority to engage in business of Connecticut credit union. - (a) No person shall, or have the power to, engage...

Section 36a-437. (Formerly Sec. 36-196). - Organization. - Section 36a-437 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-437a. - Organization. - (a) A Connecticut credit union organized under this title shall...

Section 36a-438. (Formerly Sec. 36-196a). - Field of membership. Expansion. Membership applications. Continuation of membership. Expulsion or withdrawal of member. - Section 36a-438 is repealed, effective October 1, 2002. (1969, P.A....

Section 36a-438a. - Field of membership. Expansion. Change in field of membership. - (a)(1) Except as provided in subdivision (2) of this subsection,...

Section 36a-439. (Formerly Sec. 36-196c). - Change in the field of membership. - Section 36a-439 is repealed, effective October 1, 2002. (P.A. 85-210,...

Section 36a-439a. - Membership applications. Expulsion of member. - (a) All applications for membership shall be submitted to the...

Section 36a-440. (Formerly Sec. 36-196d). - Central credit union. - Section 36a-440 is repealed, effective October 1, 2002. (P.A. 85-415,...

Section 36a-440a. - Meetings. - (a) A Connecticut credit union shall hold an annual meeting...

Section 36a-440b. - Financial and statistical reports and other information. Records. - (a) A Connecticut credit union shall file (1) financial and...

Section 36a-441. (Formerly Sec. 36-198). - Powers. - Section 36a-441 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-441a. - Loan and lease losses account. Net worth requirement. - (a) A Connecticut credit union shall establish and maintain an...

Section 36a-442. (Formerly Sec. 36-198b). - Mortgage loans to members. - Section 36a-442 is repealed, effective October 1, 2002. (1967, P.A....

Section 36a-442a. - Deposit of funds; withdrawals. Bond requirement. - (a) The funds of a Connecticut credit union shall be...

Section 36a-443 to 36a-448. (Formerly Secs. 36-198c to 36-198e, 36-200, - Extension of lines of credit to members. Lien on shares of members. Tax and loan and note accounts. Shares; value; withdrawal; minors; trusts; retirement accounts; share insur... - Sections 36a-443 to 36a-448, inclusive, are repealed, effective October 1,...

Section 36a-448a. - Governing board powers. - (a) The governing board of a Connecticut credit union shall...

Section 36a-449. (Formerly Sec. 36-203a). - Governing board meetings. - Section 36a-449 is repealed, effective October 1, 2002. (P.A. 85-415,...

Section 36a-449a. - Meetings of governing board. - (a) The governing board of a Connecticut credit union shall...

Section 36a-450. (Formerly Sec. 36-203b). - Governing board powers. Committees. - Section 36a-450 is repealed, effective October 1, 2002. (P.A. 85-415,...

Section 36a-450a. - Executive committee. - (a) The executive committee, if one is appointed by the...

Section 36a-451. (Formerly Sec. 36-203c). - Executive committee. - Section 36a-451 is repealed, effective October 1, 2002. (P.A. 85-415,...

Section 36a-451a. - Supervisory committee. Members. Powers. Duties. - (a) The supervisory committee shall consist of not less than...

Section 36a-452. (Formerly Sec. 36-203d). - Investment policy. - Section 36a-452 is repealed, effective October 1, 2002. (P.A. 85-415,...

Section 36a-452a. - Credit committee. Credit manager. Loan officer. - (a) Except as provided in section 36a-454b, the governing board...

Section 36a-453 and 36a-454. (Formerly Secs. 36-204 and 36-204a). - Officers. Benefits for Connecticut credit union employees and their families; liability or indemnity coverage for directors, credit committee members and supervisory committee member... - Sections 36a-453 and 36a-454 are repealed, effective October 1, 2002....

Section 36a-454a. - Benefits for Connecticut credit union employees and their families. Liability or indemnity coverage for directors, credit committee members and supervisory committee members. - (a) In addition to compensating its employees, a Connecticut credit...

Section 36a-454b. - Conflict of interest policy. Prohibitions re insiders and family members of insiders. - (a) The governing board of a Connecticut credit union shall...

Section 36a-455. (Formerly Sec. 36-205). - Credit committee. Loans. Lines of credit. - Section 36a-455 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-455a. - Powers. - A Connecticut credit union may: (1) Transact a general credit...

Section 36a-455b. - Transfer of assets or business. Sale of branch. Acquisition of assets or business of federal credit union. - (a) A Connecticut credit union may, with the approval of...

Section 36a-456. (Formerly Sec. 36-206). - Loans. Interest on loans. Authorization of interest refunds. Security. Regulations. - Section 36a-456 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-456a. - Shares; secondary capital accounts; share insurance. - (a) The par value of shares of a Connecticut credit...

Section 36a-456b. - Tax and loan and note accounts. - (a) As used in this section: (1) “Tax and loan...

Section 36a-456c. - Dividends. - The governing board of a Connecticut credit union, or the...

Section 36a-457. (Formerly Sec. 36-208). - Supervisory committee. Members. Powers. Duties. - Section 36a-457 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-457a. - Loan policy. - (a) At least once a year, the governing board of...

Section 36a-457b. - Mortgage loans to members. - (a) Subject to the requirements of this section, a Connecticut...

Section 36a-458. (Formerly Sec. 36-209). - Reserve requirements. - Section 36a-458 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-458a. - Loans. Definitions. - (a) As used in this section: (1) “Associated member” means...

Section 36a-459. (Formerly Sec. 36-210). - Dividends. - Section 36a-459 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-459a. - Investment policy. - (a) At least once a year, the governing board of...

Section 36a-460. (Formerly Sec. 36-211). - Losses. Reduction of liabilities. - Section 36a-460 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-460a. - Corporate Connecticut credit union. - (a) A single corporate Connecticut credit union may be organized...

Section 36a-461. (Formerly Sec. 36-213). - Deposit of funds; withdrawals. Registration of securities; inspection. Bonding of officers, employees and authorized agents. - Section 36a-461 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-461a. - Credit union service organizations. - (a) With the approval of the commissioner and in accordance...

Section 36a-462. (Formerly Sec. 36-214). - Regulations re conduct of Connecticut credit unions, enforcement of chapter and establishment of rates paid as dividends. - Section 36a-462 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-462a. - Establishment of branch in this state or outside state by Connecticut credit union. Application. - (a)(1) No Connecticut credit union shall establish a branch in...

Section 36a-462b. - Establishment of branch in this state by out-of-state, state-chartered credit union. Expansion of field of membership. - (a)(1) An out-of-state, state-chartered credit union may, with the prior...

Section 36a-463. (Formerly Sec. 36-215). - Reports to commissioner. Net worth restoration plan. Records. Fees. - Section 36a-463 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-463a. - Audit report and net worth restoration plan by out-of-state, state-chartered or federally-chartered credit union that maintains branch in this state. - (a) The commissioner may require any out-of-state, state-chartered or federally-chartered...

Section 36a-463b. - Relocation of main office of Connecticut credit union with approval of commissioner. - (a) With the approval of the commissioner, a Connecticut credit...

Section 36a-464 to 36a-468. (Formerly Secs. 36-219 to 36-221, 36-223a). - Termination. Distribution of assets upon liquidation. No exemption from taxation. License required of other entities. Conversion of Connecticut credit union into federal or out... - Sections 36a-464 to 36a-468, inclusive, are repealed, effective October 1,...

Section 36a-468a. - Mergers. - (a) With the approval of the commissioner, a Connecticut credit...

Section 36a-468b. - Conversion of Connecticut credit union into federal credit union. - (a) A Connecticut credit union that has been in existence...

Section 36a-469 (Formerly Sec. 36-223b) and 36a-469a. - Conversion of federal or out-of-state credit union into Connecticut credit union. Conversion of Connecticut or federal credit union into mutual savings bank, mutual savings and loan association... - Sections 36a-469 and 36a-469a are repealed, effective October 1, 2002....

Section 36a-469b. - Conversion of federal or out-of-state credit union into Connecticut credit union. - (a) A federal credit union or an out-of-state credit union...

Section 36a-469c. - Conversion of Connecticut or federal credit union into mutual savings bank, mutual savings and loan association or mutual community bank. - (a)(1) Any Connecticut credit union or federal credit union may...

Section 36a-470. (Formerly Sec. 36-223c). - Mergers. - Section 36a-470 is repealed, effective October 1, 2002. (1969, P.A....

Section 36a-470a. - Termination. - (a) A Connecticut credit union may terminate its corporate existence...

Section 36a-471. (Formerly Sec. 36-223d). - Sale of assets. - Section 36a-471 is repealed, effective October 1, 2002. (P.A. 81-207,...

Section 36a-471a. - Regulations re conduct of Connecticut credit unions, enforcement of chapter and establishment of rates paid as dividends. - The commissioner may adopt such regulations in accordance with the...

Section 36a-472. (Formerly Sec. 36-223e). - Out-of-state credit union doing business in this state. - Section 36a-472 is repealed, effective October 1, 2002. (P.A. 85-208,...

Section 36a-472a. - No exemption from taxation. - Nothing in sections 36a-435a to 36a-472a, inclusive, shall be construed...

Section 36a-473 and 36a-474 (Formerly Secs. 36-223f and 36-224) and 36a- - Reports and examination of out-of-state credit unions doing business in this state; net worth restoration plan; revocation or suspension of approval. Exceptions. Credit union... - Sections 36a-473 to 36a-475, inclusive, are repealed, effective October 1,...

Section 36a-476. - Compliance with federal Currency and Foreign Transactions Reporting Act. - Each Connecticut credit union shall comply with the applicable provisions...

Chapter 668 - Nondepository Financial Institutions

Section 36a-485. (Formerly Sec. 36-440). - Definitions. - As used in this section and sections 36a-486 to 36a-498e,...

Section 36a-486. (Formerly Sec. 36-440a). - Licenses required. Exemptions. Prohibited advertisements. Violations. Temporary authority to act as mortgage loan originator. - (a) No person shall engage in the business of making...

Section 36a-487. (Formerly Sec. 36-440b). - Exemptions from licensure. - (a) The following are exempt from licensing as a mortgage...

Section 36a-488. (Formerly Sec. 36-440c). - Mortgage lender, mortgage correspondent lender, mortgage broker, mortgage loan originator, loan processor, underwriter and lead generator licenses. Requirements. - (a)(1) The commissioner shall not issue a mortgage lender license,...

Section 36a-489. (Formerly Sec. 36-440d). - Licenses: Issuance; denial; renewal; suspension; financial responsibility; withdrawal or abandonment of application. - (a)(1) The commissioner shall not issue an initial license for...

Section 36a-489a. - Prelicensing education, written test and annual continuing education requirements. - (a)(1) In order to meet the prelicensing education and testing...

Section 36a-490. (Formerly Sec. 36-440e). - License requirements. Request to surrender license. Requirements for filing information with system. - (a)(1) Any licensee who intends to permanently cease engaging in...

Section 36a-491. (Formerly Sec. 36-440f). - Expiration of licenses. Applications for renewal. Fees. - (a) Each mortgage lender, mortgage correspondent lender, mortgage broker, lead...

Section 36a-492. (Formerly Sec. 36-440g). - Surety bond required. Cancellation of bond. Automatic suspension of license. Notices. - (a)(1) Each licensed mortgage lender, mortgage correspondent lender and mortgage...

Section 36a-493. (Formerly Sec. 36-440h). - Records to be maintained by licensee. - (a) Each mortgage lender, mortgage correspondent lender and mortgage broker...

Section 36a-494. (Formerly Sec. 36-440i). - Suspension, revocation or refusal to renew license or taking other action. Removal from office and from employment or retention. Temporary order to cease business. - (a)(1) The commissioner may suspend, revoke or refuse to renew...

Section 36a-495. (Formerly Sec. 36-440j). - Regulations. - Section 36a-495 is repealed, effective October 1, 2002. (P.A. 85-399,...

Section 36a-496. (Formerly Sec. 36-440k). - Applications and referrals from unlicensed mortgage brokers or mortgage loan originators. - No person engaged in the business of making residential mortgage...

Section 36a-497. (Formerly Sec. 36-440l). - Advertisements. - (a) No mortgage lender licensee, mortgage correspondent lender licensee or...

Section 36a-498. (Formerly Sec. 36-440m). - Refundability of advance fees. Exceptions. Prohibited acts by mortgage lenders, correspondent lenders, brokers and loan originators re borrowers. - (a) Except as provided in subsection (c) of this section,...

Section 36a-498a. - Prepaid finance charges; restrictions. Secondary mortgage loan; demand for payment prior to maturity; liability for noncompliance; deed. - (a) No mortgage lender licensee or mortgage correspondent lender licensee...

Section 36a-498b. - Release of secondary mortgage. Notice of outstanding balance of obligation secured by secondary mortgage. - (a) Each mortgage lender, mortgage correspondent lender and mortgage broker,...

Section 36a-498c. - Adoption of mortgage loan policy with respect to subprime mortgage loans and nontraditional mortgage loans. - At least once a year, each mortgage lender and mortgage...

Section 36a-498d. - Unique identifier of licensee. Advertising of licensee. - (a)(1) The unique identifier of any mortgage loan originator or...

Section 36a-498e. - Prohibited acts. - (a) No person who is required to be licensed and...

Section 36a-498f. - Authority of commissioner re investigations and examinations. Prohibited acts by subjects of investigation or examination. - Section 36a-498f is repealed, effective October 1, 2018. (P.A. 09-209,...

Section 36a-498g. - Severability. - If any provision or application of section 36a-21, sections 36a-485...

Section 36a-498h. - Lead generator licensees. Prohibited acts. - (a) No person required to be licensed as a lead...

Section 36a-510 to 36a-517. (Formerly Secs. 36-224a to 36-224h). - Definitions. License required; violations. Persons exempt from license requirement. License as secondary mortgage lender, secondary mortgage correspondent lender or secondary mortgage... - Sections 36a-510 to 36a-517, inclusive, are repealed, effective July 1,...

Section 36a-518. (Formerly Sec. 36-224i). - Regulations. - Section 36a-518 is repealed, effective October 1, 2002. (P.A. 77-228,...

Section 36a-519 to 36a-524. (Formerly Secs. 36-224j to 36-224o). - Prepayment penalties. Release of secondary mortgage; notice of loan balance. Limitation on prepaid finance charges; demand for payment prior to maturity; liability of mortgage lender... - Sections 36a-519 to 36a-524, inclusive, are repealed, effective July 1,...

Section 36a-534a. - Notice of discriminatory lending practices. Violation as grounds for license suspension, revocation or nonrenewal. - (a) Any mortgage broker, or mortgage lender or mortgage correspondent...

Section 36a-534b. - Participation in system. Authority of commissioner to establish requirements. Reports. - (a)(1) In addition to any other duties imposed upon the...

Section 36a-534c. - Reports re system. - Section 36a-534c is repealed, effective June 9, 2017. (P.A. 07-156,...

Section 36a-535. (Formerly Sec. 36-254). - Definitions. - As used in sections 36a-535 to 36a-547, inclusive, unless the...

Section 36a-536. (Formerly Sec. 36-255). - License required. Location of licensed activity. - No person, unless excluded from the definition of a “sales...

Section 36a-537. (Formerly Sec. 36-256a). - Application. Criminal history records check, fingerprints, investigation of financial condition. Abandonment of application. - (a) An application for a license as a sales finance...

Section 36a-538. (Formerly Sec. 36-256b). - Payment of cost of investigation. - Each person applying for a license as a sales finance...

Section 36a-539. (Formerly Sec. 36-257). - License fee. Automatic suspension of license. Notice. Opportunity for hearing. Prohibited acts. - (a) Each applicant for a sales finance company license shall...

Section 36a-540. (Formerly Sec. 36-258). - License. Change in control person. Automatic suspension of license. Surrender of license. - (a) Each license shall specify the location at which the...

Section 36a-541. (Formerly Sec. 36-259a). - Authority of commissioner to issue license or deny application for license. Standards for renewal. - (a) If the commissioner finds, upon the filing of an...

Section 36a-542. (Formerly Sec. 36-259b). - Requirements for filing with system. Unique identifier of licensee. Advertising of license. - (a) Except as otherwise specified in subsections (a) and (b)...

Section 36a-543. (Formerly Sec. 36-260a). - Suspension, revocation or refusal to renew license or taking of other action. Enforcement powers of commissioner. - (a) The commissioner may suspend, revoke or refuse to renew...

Section 36a-544. (Formerly Sec. 36-260b). - Regulations. - (a) The commissioner may adopt regulations, in accordance with chapter...

Section 36a-545. (Formerly Sec. 36-262a). - Books and records. - Each applicant or licensee shall have established bookkeeping methods and...

Section 36a-546. (Formerly Sec. 36-263). - Penalty. - Any individual, corporation, partnership, limited partnership, association or other unincorporated...

Section 36a-547. - Retail installment contract records. - On and after October 1, 2018, a sales finance company,...

Section 36a-555. (Formerly Sec. 36-225). - Definitions. - As used in this section and sections 36a-556 to 36a-573,...

Section 36a-556. (Formerly Sec. 36-226). - Small loan lending and related activities prohibited without license or exemption. - (a) Without having first obtained a small loan license from...

Section 36a-557. (Formerly Sec. 36-227). - Exemptions. - (a) The following persons are exempt from the requirement for...

Section 36a-558. (Formerly Sec. 36-228). - Prohibitions re small loans and related activities. Permitted small loan provisions. Open-end small loans. Lead generation activities. - (a) Except as provided in subsection (c) of section 36a-557,...

Section 36a-559. (Formerly Sec. 36-229). - Credit life insurance. Credit accident and health insurance. - (a) Subject to the conditions provided in this section, insurance...

Section 36a-560. (Formerly Sec. 36-230). - Restrictions on licensee. - No licensee shall: (1) Cause a borrower, including, but not...

Section 36a-561. (Formerly Sec. 36-231). - Prohibited practices. - No person licensed or required to be licensed and no...

Section 36a-562. (Formerly Sec. 36-232). - Main and branch offices. - In each case where a license is required by section...

Section 36a-563. (Formerly Sec. 36-233). - Application for small loan license. - (a) An application for a small loan license shall be...

Section 36a-564. (Formerly Sec. 36-233a). - License fees. Renewal. Automatic suspension. - (a) Each applicant for a small loan license shall pay...

Section 36a-565. (Formerly Sec. 36-233b). - Findings required for issuance of license. Denial of application. Minimum funds. Standards for renewal. Surrender of license. - (a) Upon the filing of the required application and license...

Section 36a-566. (Formerly Sec. 36-234). - License not assignable or transferable. Use of name. Change in control person, name or place of business. Automatic suspension of license. - (a) No license issued under section 36a-556 shall be assignable...

Section 36a-567. (Formerly Sec. 36-235). - Change in information. Required system filing or notice to commissioner. - (a) Except as otherwise specified in section 36a-566, each small...

Section 36a-568. (Formerly Sec. 36-236). - Unique identifier of licensee. Advertising of licensee. - (a) The unique identifier of any small loan licensee shall...

Section 36a-569. (Formerly Sec. 36-237). - Books and records. Reports of condition. Submission of sworn statement and other information. - (a) Each small loan licensee shall keep adequate books and...

Section 36a-570. (Formerly Sec. 36-239). - Suspension, revocation or refusal to renew license or taking of other action. Enforcement action and orders. Removal from office and employment. Temporary order to cease business. - (a) The commissioner may suspend, revoke or refuse to renew...

Section 36a-571. (Formerly Sec. 36-241). - License suspension. - Section 36a-571 is repealed, effective October 1, 2002. (1949 Rev.,...

Section 36a-572. (Formerly Sec. 36-242). - Investigations and examinations. - Section 36a-572 is repealed, effective October 1, 2018. (1949 Rev.,...

Section 36a-573. (Formerly Sec. 36-243). - Regulations. - The commissioner may adopt such regulations, in accordance with chapter...

Section 36a-580. (Formerly Sec. 36-564). - Definitions. Applicability of provisions. - (a) For purposes of this chapter: (1) “Advertise” or “advertising”...

Section 36a-581. (Formerly Sec. 36-565). - License required. Application. Criminal history records check. Change in information. Required system filing or notice to commissioner. Authority of commissioner to deny application for license. Abandonment... - (a) Except as provided for in section 36a-580, no person...

Section 36a-582. (Formerly Sec. 36-566). - License and location fees. Automatic suspension of license or renewal license. Notice. Opportunity for hearing. Expenses of examination. - (a) Each applicant for a check cashing license shall pay...

Section 36a-583. (Formerly Sec. 36-567). - License not transferable or assignable. Change in control person. Automatic suspension. Surrender of license. - (a)(1) A license issued under section 36a-581 shall not be...

Section 36a-584. (Formerly Sec. 36-568). - Maximum fees for the cashing of state checks. Regulations. Maximum amount of check that may be cashed by check cashing licensee. Exceptions. Report. - (a) A check cashing licensee shall not charge or collect...

Section 36a-585. (Formerly Sec. 36-569). - Maximum fees set by Banking Commissioner. - The commissioner shall, by regulation adopted in accordance with the...

Section 36a-586. (Formerly Sec. 36-570). - Records to be maintained by check cashing license. Reporting requirements. Prohibited acts. Advertisements. - (a) Each check cashing licensee shall use and maintain at...

Section 36a-587. (Formerly Sec. 36-571). - Suspension, revocation or refusal to renew license or taking of other action. Removal from office and from employment or retention. Temporary order to cease business. - (a) The commissioner may suspend, revoke or refuse to renew...

Section 36a-588. (Formerly Sec. 36-572). - Regulations. - The commissioner shall adopt, pursuant to chapter 54, such regulations...

Section 36a-589. (Formerly Sec. 36-573). - Violations. - A violation of any of the provisions of sections 36a-580...

Section 36a-595. (Formerly Sec. 36-530). - Short title: Money Transmission Act. - Sections 36a-595 to 36a-612, inclusive, shall be known and may...

Section 36a-596. (Formerly Sec. 36-531). - Definitions. - As used in sections 36a-595 to 36a-612, inclusive: (1) “Advertise”...

Section 36a-597. (Formerly Sec. 36-532). - License required. Penalty. - (a) No person shall engage in the business of money...

Section 36a-598. (Formerly Sec. 36-533). - Application. Criminal history records check. Abandonment of application. Required system filing or notice to commissioner. License not assignable or transferable. Use of name. Automatic suspension. - (a) Each application for an initial or renewal license required...

Section 36a-599. (Formerly Sec. 36-534). - License fees. Surrender of license. - (a) Each applicant for a money transmission license shall pay...

Section 36a-600. (Formerly Sec. 36-536). - Investigation of applicant. Issuance of license. Authority of commissioner to deny application for license. - (a) Upon the filing of an application for an initial...

Section 36a-601. (Formerly Sec. 36-537). - Renewal of license. Automatic suspension of renewal license. Notice. Opportunity for hearing. - (a) The minimum standards for renewal of a license shall...

Section 36a-602. (Formerly Sec. 36-538). - Surety bond. Investments in lieu of surety bond. - (a) As a condition for the issuance and retention of...

Section 36a-603. (Formerly Sec. 36-539). - Investments equal to amount of money transmissions. Virtual currency equal to amount owed or obligated. Investments and virtual currency held in trust. - (a) Each licensee shall at all times maintain permissible investments...

Section 36a-604. (Formerly Sec. 36-540). - Net worth requirements. - (a) Each licensee which issues or sells payment instruments in...

Section 36a-605. (Formerly Sec. 36-541). - Examination of licensees. - In connection with the examination of a licensee under section...

Section 36a-606. (Formerly Sec. 36-542). - Reports. Annual financial reports required. - (a) Any person making any filing or submission of any...

Section 36a-606a. - Federal reporting requirements. Anti-money-laundering program. - (a) Each licensee shall comply with the applicable provisions of...

Section 36a-607. (Formerly Sec. 36-543). - Conduct of business authorized by delegate. Prohibited practices. Deadline to remit value received for transmission. - (a) A licensee may conduct its business at one or...

Section 36a-608. (Formerly Sec. 36-544). - Enforcement powers of commissioner. Removal from office and from employment or retention. Temporary order to cease business. - (a) The commissioner shall make such investigations as the commissioner...

Section 36a-609. (Formerly Sec. 36-545). - Exemptions. - The provisions of sections 36a-597 to 36a-607, inclusive, and sections...

Section 36a-610. (Formerly Sec. 36-546). - Regulations. - The commissioner may adopt regulations, in accordance with chapter 54,...

Section 36a-611. - Maintenance of records. Unique identifier of license. Advertising of license. - (a) Each licensee shall maintain and prepare such records as...

Section 36a-612. - Notification of change in list of authorized delegates or locations. - A licensee shall notify the commissioner on the system not...

Section 36a-615. (Formerly Sec. 36-577). - Definitions. - As used in sections 36a-615 to 36a-620, inclusive, unless the...

Section 36a-616. (Formerly Sec. 36-578). - Advance fees imposed by loan brokers prohibited. - No loan broker may assess, collect, charge, impose or cause...

Section 36a-617. (Formerly Sec. 36-580). - Penalties for violations. - Any loan broker who knowingly violates any provision of sections...

Section 36a-618. (Formerly Sec. 36-581). - Remedies. - Any loan broker who violates any provision of sections 36a-615...

Section 36a-619. (Formerly Sec. 36-582). - Remedies provided by sections 36a-615 to 36a-620, inclusive, not exclusive. - The remedies provided by sections 36a-615 to 36a-620, inclusive, are...

Section 36a-620. (Formerly Sec. 36-583). - Regulations. - The commissioner may adopt regulations, in accordance with the provisions...

Section 36a-625. - Short title: Connecticut Business and Industrial Development Corporation Act. - Sections 36a-625 to 36a-634, inclusive, shall be known and may...

Section 36a-626. - Definitions. - As used in sections 36a-625 to 36a-634, inclusive, unless the...

Section 36a-627. - License required. Exemptions. - (a) No person shall engage in the business of a...

Section 36a-628. - Application. Fee. Examination. Criminal history records check. - (a) An application for a license shall be in writing...

Section 36a-629. - Safe and sound business practice required. - (a) Each licensee shall transact its business in a safe...

Section 36a-630. - Licensees to provide financing and management assistance to small businesses. - Each licensee shall use its best efforts to provide financing...

Section 36a-631. - Books and records. Annual financial reports. - (a) Each licensee shall make and keep such books, accounts...

Section 36a-632. - Jurisdiction of Banking Commissioner. - Each licensee shall be an institution subject to the jurisdiction...

Section 36a-633. - License fee. Costs of examination to be borne by applicants. Automatic suspension of license or renewal license. Notice. Opportunity for hearing. - (a) Each applicant for a license, at the time of...

Section 36a-634. - Regulations. - The commissioner shall adopt, pursuant to chapter 54, such regulations...

Section 36a-636. - Defintions. - As used in this section and sections 36a-636a to 36a-636f,...

Section 36a-636a. - License. - (a) The Banking Commissioner may issue a license to any...

Section 36a-636b. - Duties of licensees. - (a) Each licensee shall use its best efforts to provide...

Section 36a-636c. - Books and records. Annual report. - (a) Each licensee shall make and keep such books, accounts...

Section 36a-636d. - Licensees subject to jurisdiction of commissioner. - Each licensee shall be an institution subject to the jurisdiction...

Section 36a-636e. - License fees and expenses. Expiration and renewal. Automatic suspension. Surrender or termination of license. - (a) Each applicant for a license, at the time of...

Section 36a-636f. - Regulations. - The commissioner may adopt regulations, in accordance with the provisions...

Chapter 669 - Regulated Activities

Section 36a-645. (Formerly Sec. 36-243a). - Definitions. - As used in sections 36a-645 to 36a-647, inclusive, unless the...

Section 36a-646. (Formerly Sec. 36-243b). - Prohibited acts. - No creditor shall use any abusive, harassing, fraudulent, deceptive or...

Section 36a-647. (Formerly Sec. 36-243c). - Enforcement powers of commissioner. Regulations. - (a) The commissioner may adopt such regulations in accordance with...

Section 36a-648. - Abusive, harassing, fraudulent, deceptive or misleading debt collection practices. Liability. Exemptions. Limitations on actions. - (a) A creditor, as defined in section 36a-645, who uses...

Section 36a-648a. - Credit card debt collection actions against parents or legal guardians of students. - (a) No credit card issuer shall take any debt collection...

Section 36a-655. (Formerly Sec. 36-364). - Definitions. - As used in sections 36a-655 to 36a-665, inclusive: (1) “Advertise”...

Section 36a-656. (Formerly Sec. 36-365). - License requirements and fees. Required system filings. Authority of commissioner to conduct criminal history records checks and deny application for license. Renewal of license. Automatic suspension of lice... - (a) No person shall engage in the business of debt...

Section 36a-657. (Formerly Sec. 36-369). - Suspension, revocation or refusal to renew license or taking of other action. Enforcement powers of commissioner. Removal from office and from employment or retention. Temporary order to cease business. - (a) The commissioner may suspend, revoke or refuse to renew...

Section 36a-658. (Formerly Sec. 36-370). - License required. Change in control persons, name or place of business. Use of name. Automatic suspension of license. Surrender of license. Required system filing or notice to commissioner. Unique identifier... - (a) Each license shall state the location at which the...

Section 36a-659. (Formerly Sec. 36-372). - Separate bank account for benefit of debtors. Books and records. - Each licensee shall maintain a separate bank account for the...

Section 36a-660. (Formerly Sec. 36-375). - Licensee's duties. Written agreement required. - Each licensee shall: (1) Provide the debtor with a written...

Section 36a-661. (Formerly Sec. 36-376). - Prohibited acts. - No person who is required to be licensed and who...

Section 36a-661a. - Written agreement voidable. Licensee claims for restitution. - (a) If a debt adjuster licensee imposes a fee or...

Section 36a-662. (Formerly Sec. 36-377). - Regulations. - The commissioner may adopt such regulations, in accordance with chapter...

Section 36a-663. (Formerly Sec. 36-378). - Exceptions. - The provisions of sections 36a-655 to 36a-665, inclusive, shall not...

Section 36a-664. (Formerly Sec. 36-380). - Surety bond required. Form of surety bond. Cancellation of bond. Notice. Automatic suspension of license. Notice. Opportunity for hearing. - (a)(1) Except as provided in subdivision (2) of this subsection,...

Section 36a-665. (Formerly Sec. 36-381). - Penalties. - (a) Any person who engages in debt adjustment without a...

Section 36a-671. - Definitions. Debt negotiation. License application, requirements and fees. Authority of commissioner to conduct criminal history records checks and deny application for license. Abandonment of application. License renewal. Automati... - (a) As used in this section and sections 36a-671a to...

Section 36a-671a. - Suspension, revocation or refusal to renew license or taking other action. Enforcement powers of commissioner. Removal from office and from employment or retention. Temporary order to cease business. - (a) The commissioner may suspend, revoke or refuse to renew...

Section 36a-671b. - Debt negotiation service contract required. Fees, commissions and other valuable consideration. Noncompliant contracts voidable by consumer. - (a) A debt negotiator shall provide to each debtor a...

Section 36a-671c. - Exceptions. - The provisions of sections 36a-671 to 36a-671d, inclusive, shall not...

Section 36a-671d. - Surety bond required. Form of surety bond. Cancellation of bond. Automatic suspension of license. Notice. Opportunity for hearing. Determination of penal sum. Aggregate amount of residential loans. - (a)(1) No debt negotiation license, and no renewal thereof, shall...

Section 36a-671e. - Requirements re mortgage loan originator license. - (a) No person licensed to engage or offer to engage...

Section 36a-671f. - Prohibited practices. - No person who is required to be licensed and who...

Section 36a-675. (Formerly Sec. 36-416). - Short title: Connecticut Truth-in-Lending Act. - Sections 36a-675 to 36a-686, inclusive, shall be known and may...

Section 36a-676. (Formerly Sec. 36-393). - Definitions. - (a) As used in part II of chapter 668, the...

Section 36a-677. (Formerly Sec. 36-393a). - State policy. - (a) It is the policy of this state to (1)...

Section 36a-678. (Formerly Sec. 36-393b). - Compliance with Consumer Credit Protection Act. Exempt transactions. - (a) Except as otherwise provided in the Connecticut Truth-in-Lending Act...

Section 36a-679. (Formerly Sec. 36-395). - Regulations. - (a) The commissioner may adopt regulations, in accordance with chapter...

Section 36a-680. (Formerly Sec. 36-398). - Effect of inconsistent law. - (a) If the commissioner finds that the requirements of any...

Section 36a-681. (Formerly Sec. 36-399). - Penalty. - Any person who wilfully and knowingly (1) gives false or...

Section 36a-682. (Formerly Sec. 36-400). - Compliance of governmental instruments. Exemptions from penalties. - (a) Any department or agency of the state or any...

Section 36a-683. (Formerly Sec. 36-407). - Failure to comply; liability. Civil action. Right to rescind. - (a) Except as otherwise provided in this section, any creditor...

Section 36a-684. (Formerly Sec. 36-414). - Enforcement. Disclosure errors and adjustments. - (a) The commissioner shall enforce the requirements of sections 36a-567,...

Section 36a-685. (Formerly Sec. 36-415). - Unenforceable agreements. - (a) If it is the understanding of the creditor and...

Section 36a-686. - Civil penalty. Liability. - (a) In addition to the enforcement provisions in the Connecticut...

Section 36a-690. (Formerly Sec. 36-417z). - Calculation of interest or finance charge rebates. Prohibited methods. Transactions affected. - (a) As used in this section: (1) “Amount financed” means...

Section 36a-695. (Formerly Sec. 36-431). - Definitions. - As used in sections 36a-695 to 36a-699e, inclusive, unless the...

Section 36a-696. (Formerly Sec. 36-432). - Disclosure to consumer of information re credit report. - (a) No creditor shall take adverse action based wholly or...

Section 36a-697. (Formerly Sec. 36-433). - Exceptions. - The provisions of sections 36a-691 to 36a-699, inclusive, shall not...

Section 36a-698. (Formerly Sec. 36-434). - Regulations. - The commissioner shall adopt such regulations, in accordance with chapter...

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Connecticut General Statutes Title 36a - The Banking Law of Connecticut

Connecticut General Statutes
Title 36a - The Banking Law of Connecticut