Connecticut § 36a-847b Exemptions.

Connecticut Statutes

§ 36a-847b — Exemptions.

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

The provisions of sections 36a-846 to 36a-855, inclusive, shall not apply to the following persons:

(1)Any bank, out-of-state bank, Connecticut credit union, federal credit union or out-of-state credit union;

(2)any wholly owned subsidiary of any such bank or credit union; and (3) any operating subsidiary where each owner of such operating subsidiary is wholly owned by the same bank or credit union.

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The provisions of sections 36a-846 to 36a-855, inclusive, shall not apply to the following persons: (1) Any bank, out-of-state bank, Connecticut credit union, federal credit union or out-of-state credit union; (2) any wholly owned subsidiary of any such bank or credit union; and (3) any operating subsidiary where each owner of such operating subsidiary is wholly owned by the same bank or credit union.

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