PocketLaw | Connecticut General Statutes

(Formerly Sec. 36-553) - Out-of-state holding companies: Powers re interstate acquisitions and establishment of banks and Connecticut holding companies.

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.

Section
36a-413

(Formerly Sec. 36-558) - Severability.

Sections
36a-414 to 36a-424

Reserved for future use.

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.

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 or assigned.

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 expenses of commissioner's office.

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.

Section
36a-428d

Certification of paid-in capital stock, surplus fund and undivided profits; limitation or restriction.

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.

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.

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.

Section
36a-428h

Books, accounts and records to be maintained and available at state branch, state agency or representative office. Reports to commissioner.

Section
36a-428i

Notice of acquisition of control or merger of foreign bank.

Section
36a-428j

Revocation, suspension or refusal to renew license to maintain state branch, state agency or representative office.

Section
36a-428k

Voluntary liquidation of business and property of state branches and state agencies.

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.

Section
36a-428m

Certain public officials and state employees barred from employment with Swiss Bank prior to January 1, 1996.

Section
36a-428n

Involuntary liquidation of business and property of foreign banks having a state branch or state agency.

Sections
36a-429 to 36a-434

Out-of-State Banks

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(Formerly Sec. 36-552) - Definitions.

Mergers between Connecticut and out-of-state banks authorized. Interstate branching.

(Formerly Sec. 36-553) - Out-of-state holding companies: Powers re interstate acquisitions and establishment of banks and Connecticut holding companies.

(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.

(Formerly Sec. 36-558) - Severability.

Reserved for future use.

Foreign banks authorized to establish and maintain state branches and state agencies, subject to the regulations and orders of the commissioner. License requirements.

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 or assigned.

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 expenses of commissioner's office.

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.

Certification of paid-in capital stock, surplus fund and undivided profits; limitation or restriction.

Conversion of state agency to state branch, state branch to state agency, and federal branch or federal agency to state branch or state agency.

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.

Representative office; licensing requirements; application; fee; renewal; content of license; investigation of facts by commissioner. Foreign bank subject to regulations and orders of commissioner.

Books, accounts and records to be maintained and available at state branch, state agency or representative office. Reports to commissioner.

Notice of acquisition of control or merger of foreign bank.

Revocation, suspension or refusal to renew license to maintain state branch, state agency or representative office.

Voluntary liquidation of business and property of state branches and state agencies.

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.

Certain public officials and state employees barred from employment with Swiss Bank prior to January 1, 1996.

Involuntary liquidation of business and property of foreign banks having a state branch or state agency.

Reserved for future use.