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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 - Section 36a-495 is repealed, effective October 1, 2002.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...