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CT HB05048

Bill

Official Source

Status

Introduced

2/8/2010

Primary Sponsor

Banks Committee

Click for details

Origin

House of Representatives

2010 General Assembly

AI Summary

  • Modifies section 36a-250(a)(21) to allow banks to make secured and unsecured loans and issue letters of credit, effective October 1, 2010.

  • Removes reference to section 36a-260 as the sole authorization for lending activities and replaces it with broader limitations under sections 36a-261 to 36a-265.

  • Repeals section 36a-260 of the general statutes, effective October 1, 2010.

  • Referred to Committee on Banks.

Legislative Description

An Act Concerning Secured And Unsecured Lending.

Last Action

File Number 211

3/30/2010

Committee Referrals

Banks2/8/2010

Full Bill Text

No bill text available