Connecticut § 36a-869 Revocation, withdrawal or modification of specific offer based on preliminary review.

Connecticut Statutes

§ 36a-869 — Revocation, withdrawal or modification of specific offer based on preliminary review.

Connecticut § 36a-869

Title 36aThe Banking Law of Connecticut

Ch. 669Regulated Activities

This text of Connecticut § 36a-869 (Revocation, withdrawal or modification of specific offer based on preliminary review.) 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-869 (2026).

Text

(a)A provider shall not revoke, withdraw or modify a specific offer made on or after July 1, 2024, until midnight of the third calendar day after the date of the specific offer. A specific offer may be revoked, withdrawn or modified (1) based on information obtained in the underwriting process, including, but not limited to, verification of any information provided by the recipient, or (2) at the request of the recipient.

(b)A specific offer may state that it is based on the provider's preliminary review of application information only and is not a final approval or commitment to provide sales-based financing.

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(a) A provider shall not revoke, withdraw or modify a specific offer made on or after July 1, 2024, until midnight of the third calendar day after the date of the specific offer. A specific offer may be revoked, withdrawn or modified (1) based on information obtained in the underwriting process, including, but not limited to, verification of any information provided by the recipient, or (2) at the request of the recipient. (b) A specific offer may state that it is based on the provider's preliminary review of application information only and is not a final approval or commitment to provide sales-based financing.