R.C.S.A. § 36a-412-3
Supervision, examination and reports (Repealed)
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.