Connecticut § 36a-740 (Formerly Sec. 36-449). Violations by financial institutions. Rights of loan applicant.

Connecticut Statutes

§ 36a-740 — (Formerly Sec. 36-449). Violations by financial institutions. Rights of loan applicant.

Connecticut·Title 36a The Banking Law of Connecticut·Ch. 669 Regulated Activities

Any applicant who has been discriminated against as a result of a violation of section 36a-737 and the regulations adopted pursuant to sections 36a-735 to 36a-744, inclusive, may bring an action in a court of competent jurisdiction. Upon finding that a financial institution is in violation of sections 36a-735 to 36a-744, inclusive, the court may award damages, reasonable attorneys' fees and court costs. No class action shall be permitted pursuant to the provisions of this section. Any applicant alleging a violation under this section shall do so in the applicant's own individual complaint and each case resulting from such complaints shall be heard on its own merits unless consolidation of such cases is agreed to by each defendant affected thereby.

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Any applicant who has been discriminated against as a result of a violation of section 36a-737 and the regulations adopted pursuant to sections 36a-735 to 36a-744, inclusive, may bring an action in a court of competent jurisdiction. Upon finding that a financial institution is in violation of sections 36a-735 to 36a-744, inclusive, the court may award damages, reasonable attorneys' fees and court costs. No class action shall be permitted pursuant to the provisions of this section. Any applicant alleging a violation under this section shall do so in the applicant's own individual complaint and each case resulting from such complaints shall be heard on its own merits unless consolidation of such cases is agreed to by each defendant affected thereby.

Connecticut § 36a-740 ((Formerly Sec. 36-449). Violations by financial institutions. Rights of loan applicant.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 77-153, S. 7; P.A. 94-122, S. 318, 340.) History: P.A. 94-122 made technical changes, effective January 1, 1995; Sec. 36-449 transferred to Sec. 36a-740 in 1995. Annotations to former section 36-449: Cited. 183 C. 85; 211 C. 648. Cited. 10 CA 22.