Connecticut § 36a-463b Relocation of main office of Connecticut credit union with approval of commissioner.

Connecticut Statutes

§ 36a-463b — Relocation of main office of Connecticut credit union with approval of commissioner.

Connecticut § 36a-463b

Title 36aThe Banking Law of Connecticut

Ch. 667Credit Unions

This text of Connecticut § 36a-463b (Relocation of main office of Connecticut credit union with approval of commissioner.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 36a-463b (2026).

Text

(a)With the approval of the commissioner, a Connecticut credit union may relocate its main office anywhere within the state.

(b)The commissioner, before granting an approval under subsection (a) of this section, shall consider:

(1)The field of membership of the Connecticut credit union to be served by the proposed relocation of the main office of the Connecticut credit union;

(2)the adequacy of the current main office of the Connecticut credit union;

(3)the economic need for and cost of such proposed relocation; and (4) the convenience and necessity to the field of membership of the proposed relocation.

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(a) With the approval of the commissioner, a Connecticut credit union may relocate its main office anywhere within the state. (b) The commissioner, before granting an approval under subsection (a) of this section, shall consider: (1) The field of membership of the Connecticut credit union to be served by the proposed relocation of the main office of the Connecticut credit union; (2) the adequacy of the current main office of the Connecticut credit union; (3) the economic need for and cost of such proposed relocation; and (4) the convenience and necessity to the field of membership of the proposed relocation.