Connecticut Administrative Code Title 36a - The Banking Law of Connecticut
Connecticut Administrative Code – Title 36a: The Banking Law of Connecticut
Title 36a of the Connecticut General Statutes, known as "The Banking Law of Connecticut," governs the regulation and supervision of financial institutions within the state. This comprehensive framework encompasses various aspects of banking operations, including corporate organization, fiduciary powers, deposits, and regulatory activities.
📚 Structure of Title 36a
Title 36a is organized into several chapters, each focusing on specific areas of banking law:
Chapter 664 – General Statement and Definitions
Establishes the applicability of the title to various financial entities such as banks, credit unions, mortgage lenders, and other related institutions.
Chapter 664a – Administration and Enforcement
Outlines the powers and duties of the Department of Banking, including the authority to investigate, examine, and enforce compliance with banking laws.
Chapter 664b – Corporate Organization and Administration of Connecticut Banks
Details the organizational structure, governance, and operational requirements for Connecticut-based banks.
Chapter 664c – Fundamental Changes Involving Banks, Branches, Automated Teller Machines, Virtual Banking, and Bank Holding Companies
Addresses procedures and regulations concerning mergers, acquisitions, and other significant changes within the banking sector.
Chapter 665 – Powers, Loans, and Investments
Specifies the powers of banks regarding lending, investment activities, and other financial operations.
Chapter 665a – Deposits
Regulates the acceptance and management of deposits within financial institutions.
Chapter 665b – Fiduciary Powers
Defines the fiduciary responsibilities and powers of banks and other financial entities.
Chapter 666 – Out-of-State Banks
Sets forth the requirements for out-of-state banks operating within Connecticut.
Chapter 666a – Out-of-State Trust Companies
Regulates the operations of out-of-state trust companies within Connecticut.
Chapter 667 – Credit Unions
Provides the legal framework for the establishment and operation of credit unions in the state.
Chapter 668 – Nondepository Financial Institutions
Covers regulations pertaining to financial institutions that do not accept deposits, such as insurance companies and investment firms.
Chapter 669 – Regulated Activities
Enumerates specific financial activities subject to regulation, including mortgage lending, debt adjustment, and check cashing services.
🔍 Accessing the Full Text
For detailed information and the complete text of Title 36a, you can visit the Connecticut General Assembly's official website:
🔗 Connecticut General Statutes – Title 36a
This resource provides the full statutes as enacted by the Connecticut General Assembly, offering comprehensive insights into the state's banking laws.
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