Regulations of Connecticut State Agencies
(a) Any out-of-state bank that merges or consolidates with or acquires a branch or significant part of the assets or ten per cent or more of the stock of a bank or establishes in this state a de novo branch pursuant to subsection (a) of section 36a-412 of the Connecticut General Statutes shall make reports to the commissioner as required by section 36a-16 of the Connecticut General Statutes, except to the extent waived by the commissioner.
(b) The commissioner may request from any supervisory agency of any such out-of-state bank the examination reports, consolidated reports of income and condition and any other report or information concerning such out-of-state bank which the commissioner deems necessary.
(c) The commissioner may examine and supervise the Connecticut branches of any such out-of-state bank and may enter into agreements with any supervisory agency of such out-of-state bank concerning such examinations or supervision.
(Effective March 25, 1991; TransferredApril 24, 1995; Amended January 30, 1996)