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CT SB00908
Bill
Status
Introduced
2/4/2011
Primary Sponsor
Banks Committee
Click for details
AI Summary
- Modifies section 36a-250(a)(21) of Connecticut general statutes to authorize banks to make secured and unsecured loans and issue letters of credit, effective October 1, 2011
- Removes reference to section 36a-260 as the sole authorization source for lending activities
- Establishes sections 36a-261 to 36a-265 as the express limitations on lending authority instead of the repealed section 36a-260
- Repeals section 36a-260 of the general statutes, effective October 1, 2011
- Referred to Committee on Banks
Legislative Description
An Act Concerning Secured And Unsecured Lending.
Last Action
Senate Recommitted to Banks
6/8/2011
Committee Referrals
Banks2/4/2011
Full Bill Text
No bill text available