CT SB00232

Amends section 36a-17(a) to clarify that the banking commissioner's investigative powers are subject to the Freedom of Information Act and restructures the listing of the commissioner's specific powers regarding investigations, testimony, and publication of violations.

Revises section 36a-196(a) to renumber subsections (1) through (5) as (A) through (E) in notices to eligible account holders regarding mutual savings institution reorganization and stock conversion offerings.

Updates section 36a-380(c) to add the article "a" before "corporation" in the definition of "entity" for purposes of banking regulations.

Modifies section 36a-485(15) to change the definition of "mortgage broker" by replacing "but" with "and" to clarify the relationship between the primary definition and exclusions for licensed mortgage loan originators and exempt individuals.

Amends section 36a-534b(c)(3) to replace pronouns "their" with "such licensee's" in provisions requiring individual mortgage loan originator licensees to report information to their sponsors.