Loading chat...

CT HB05159

Bill

Official Source

Status

Introduced

2/18/2014

Primary Sponsor

Banks Committee

Click for details

Origin

House of Representatives

2014 General Assembly

AI Summary

  • Adds a new provision to Connecticut banking law allowing banks to organize as interim Connecticut banks, effective October 1, 2014
  • Permits interim Connecticut banks to be established solely for acquiring an existing bank or facilitating other corporate transactions as specified in statute section 36a-70(p)
  • Protects the validity of any bank acquisitions or corporate transactions completed prior to October 1, 2014
  • Amends section 36a-250(a) of the Connecticut General Statutes by adding subdivision (43)

Legislative Description

An Act Concerning Connecticut Banks.

Last Action

File Number 338

4/3/2014

Committee Referrals

Banks2/18/2014

Full Bill Text

No bill text available