R.C.S.A. § 36a-412-3

Supervision, examination and reports (Repealed)

SupersededLast amended: 1996Year: 2026Length: 147 wordsOfficial source

Cite as Conn. Agencies Regs. § 36a-412-3

(a) Any out-of-state bank that merges or consolidates with or acquires a branch or significant part of the assets or ten per cent or more of the stock of a bank or establishes in this state a de novo branch pursuant to subsection (a) of section 36a-412 of the Connecticut General Statutes shall make reports to the commissioner as required by section 36a-16 of the Connecticut General Statutes, except to the extent waived by the commissioner. (b) The commissioner may request from any supervisory agency of any such out-of-state bank the examination reports, consolidated reports of income and condition and any other report or information concerning such out-of-state bank which the commissioner deems necessary. (c) The commissioner may examine and supervise the Connecticut branches of any such out-of-state bank and may enter into agreements with any supervisory agency of such out-of-state bank concerning such examinations or supervision.
R.C.S.A. § 36a-412-3: Supervision, examination and reports (Repealed) | Justis AI