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CT SB00233

Bill

Official Source

Status

Introduced

1/22/2013

Primary Sponsor

Banks Committee

Click for details

Origin

Senate

2013 General Assembly

AI Summary

  • Repeals Section 36a-260 of the general statutes effective October 1, 2013
  • Modifies Section 36a-250(a)(21) to authorize secured and unsecured loans and letters of credit, subject to Sections 36a-261 to 36a-265 instead of Section 36a-260
  • Removes cross-reference to the repealed duplicate provision and establishes new limitations framework through Sections 36a-261 to 36a-265
  • All changes take effect on October 1, 2013

Legislative Description

An Act Concerning Secured And Unsecured Lending.

Last Action

Public Hearing 02/14

2/7/2013

Committee Referrals

Banks1/22/2013

Full Bill Text

No bill text available