Regulations of Connecticut State Agencies
(a) Sections 36a-412-1 to 36a-412-3, inclusive, of the Regulations of Connecticut State Agencies are adopted pursuant to the provisions of subsection (a) of section 36a-412 of the Connecticut General Statutes.
(b) Sections 36a-412-1 to 36a-412-3, inclusive, of the Regulations of Connecticut State Agencies apply to all out-of-state banks, whether or not owned or controlled by any out-of-state holding company, that merge or consolidate with or acquire a branch or significant part of the assets or ten per cent or more of the stock of a bank or establish in this state a de novo branch pursuant to subsection (a) of section 36a-412 of the Connecticut General Statutes.
(c) The purpose of sections 36a-412-1 TO 36a-412-3, inclusive, of The Regulations of Connecticut State Agencies is to facilitate the supervision and examination of such out-of-state banks by the commissioner.
(Effective March 25, 1991; TransferredApril 24, 1995; Amended January 30, 1996)