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CT HB05072

Bill

Official Source

Status

Introduced

2/15/2012

Primary Sponsor

Banks Committee

Click for details

Origin

House of Representatives

2012 General Assembly

AI Summary

  • Adds a new subdivision (43) to section 36a-250(a) of Connecticut general statutes, effective October 1, 2012
  • Authorizes Connecticut banks to organize an interim Connecticut bank for the purpose of acquiring an existing bank or facilitating other corporate transactions
  • Protects the validity of any bank acquisitions or corporate transactions entered into prior to October 1, 2012
  • Applies only to interim banks created under subsection (p) of section 36a-70

Legislative Description

An Act Concerning Connecticut Banks.

Last Action

File Number 205

4/2/2012

Committee Referrals

Banks2/15/2012

Full Bill Text

No bill text available