Connecticut Statutes
§ 36a-463a — Audit report and net worth restoration plan by out-of-state, state-chartered or federally-chartered credit union that maintains branch in this state.
(a)The commissioner may require any out-of-state, state-chartered or federally-chartered credit union that maintains a branch in this state pursuant to section 36a-462b, to submit an annual audit report to the commissioner.
(b)An out-of-state, state-chartered or federally-chartered credit union that maintains a branch in this state that is required under federal law to submit a net worth restoration plan to the board of the National Credit Union Administration shall simultaneously submit an executed copy of such plan to the commissioner.
Free access — add to your briefcase to read the full text and ask questions with AI
Connecticut § 36a-463a (Audit report and net worth restoration plan by out-of-state, state-chartered or federally-chartered credit union that maintains branch in this state.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(P.A. 02-73, S. 65; P.A. 03-84, S. 67.) History: P.A. 03-84 changed “Commissioner of Banking” to “commissioner”, effective June 3, 2003.
Nearby Sections
15
§ 36a-101
Oath or affirmation by directors.§ 36a-110
Dividends.