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CT SB00405

Bill

Official Source

Status

Introduced

3/3/2016

Primary Sponsor

Banking Committee

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Origin

Senate

2016 General Assembly

AI Summary

  • Adds subdivision (43) to section 36a-250(a) of the Connecticut general statutes effective October 1, 2016
  • Authorizes Connecticut banks to organize an interim Connecticut bank solely for acquiring an existing bank or facilitating other corporate transactions as provided in section 36a-70(p)
  • Preserves the validity of any bank acquisitions or corporate transactions entered into prior to October 1, 2016
  • Referred to the Committee on Banking

Legislative Description

An Act Concerning Connecticut Banks.

Last Action

Senate Recommitted to Banking

5/3/2016

Committee Referrals

Banking3/3/2016

Full Bill Text

No bill text available