R.C.S.A. § 36a-412-1
Authority, scope, purpose (Repealed)
Cite as Conn. Agencies Regs. § 36a-412-1
(a) Sections 36a-412-1 to 36a-412-3, inclusive, of the Regulations of Connecticut State
Agencies are adopted pursuant to the provisions of subsection (a) of section 36a-412
of the Connecticut General Statutes.
(b) Sections 36a-412-1 to 36a-412-3, inclusive, of the Regulations of Connecticut State
Agencies apply to all out-of-state banks, whether or not owned or controlled by any
out-of-state holding company, that merge or consolidate with or acquire a branch or
significant part of the assets or ten per cent or more of the stock of a bank or establish
in this state a de novo branch pursuant to subsection (a) of section 36a-412 of the
Connecticut General Statutes.
(c) The purpose of sections 36a-412-1 TO 36a-412-3, inclusive, of The Regulations of Connecticut
State Agencies is to facilitate the supervision and examination of such out-of-state
banks by the commissioner.