CT SB01087

Expands the definition of "financial institution" to include out-of-state institutions with no physical presence in Connecticut that conduct transactions via the Internet or electronic means, effective October 1, 2019.

Requires a $105 fee payable to the court clerk for administrative costs when requesting execution against financial institution debts, recoverable by the judgment creditor as a taxable cost.

Establishes service procedures for out-of-state financial institutions without Connecticut offices using certified mail with return receipt requested, with 25-day response deadline before moving to another institution.

Modifies service of process for limited liability companies and registered foreign limited liability companies to allow service by any authorized person leaving copies with the registered agent or at the agent's usual place of abode.

Provides alternative service methods including Secretary of State service for foreign LLCs, certified mail to principal office when registered agent cannot be served, and service to individuals in charge of the company's place of business.