2012 Connecticut General Statutes
Title 36a - The Banking Law of Connecticut
Chapter 667 - Credit Unions
Section 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.
(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.
Disclaimer: These codes may not be the most recent version. Connecticut may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
