2015 Connecticut General Statutes
Title 36a - The Banking Law of Connecticut
Chapter 664b - Corporate Organization and Administration of Connecticut Banks

PART I
ORGANIZATION

• Section 36a-70 - (Formerly Sec. 36-53). Organization of Connecticut banks. Interim banks. Expedited Connecticut banks. Bankers’ banks. Community banks. Community development banks. Uninsured banks.
• Section 36a-71 - (Formerly Sec. 36-54). Franchise not transferable; forfeiture.
• Section 36a-72 - (Formerly Sec. 36-61). General statutes to prevail.
• Section 36a-73 - Applicability of title 33.
• Section 36a-74 to 36a-79 - Reserved for future use.

PART II
CORPORATE FORM. ADMINISTRATION

• Section 36a-80 - (Formerly Sec. 36-62). Bylaws. Amendment to certificate of incorporation.
• Section 36a-81 - (Formerly Sec. 36-64). Relocation of main office.
• Section 36a-82 - (Formerly Sec. 36-87). Change of name.
• Section 36a-83 - (Formerly Sec. 36-90). Examination by shareholders.
• Section 36a-84 - (Formerly Sec. 36-117a). Amendment of charter of mutual savings banks.
• Section 36a-85 - (Formerly Sec. 36-175). Savings and loans’ depositors’ votes.
• Section 36a-86 - (Formerly Sec. 36-128). Audit by accountants; governing board liability. Subsidiaries of holding companies; consolidated reports.
• Section 36a-87 to 36a-94 - Reserved for future use.

PART III
DIRECTORS AND OFFICERS

• Section 36a-95 - (Formerly Sec. 36-9c). Interlocking directors.
• Section 36a-96 - (Formerly Sec. 36-9e). Bonds of officers and employees.
• Section 36a-97 - (Formerly Sec. 36-9ee). Limitation on liability of directors of banks and credit unions.
• Section 36a-98 - (Formerly Sec. 36-69). Compensation for attending committee meetings, auditing and appraising. Compensation to director or trustee for endorsing paper, recommending loans and selling Connecticut bank stocks and securities prohibited.
• Section 36a-99 - (Formerly Sec. 36-121). Removal of corporator of a mutual savings bank.
• Section 36a-100 - (Formerly Sec. 36-126b). Benefits for officers and employees.
• Section 36a-101 - Oath or affirmation by directors.
• Section 36a-102 - Identification of directors and officers.
• Section 36a-103 and 36a-104 - Reserved for future use.

PART IV
SHARES AND DIVIDENDS

• Section 36a-105 - (Formerly Sec. 36-88). Authorization and issuance of additional shares.
• Section 36a-106 - (Formerly Sec. 36-89b). Preferred shares. Capital notes and debentures.
• Section 36a-107 - Reduction of capital stock and change in par value.
• Section 36a-108 - (Formerly Sec. 36-89a). Preemptive rights of holders of capital stock.
• Section 36a-109 - Rights or options to purchase shares.
• Section 36a-110 - Dividends.
• Section 36a-111 - Acquisition and disposal of own stock.
• Section 36a-112 - (Formerly Sec. 36-91). Voting restrictions.
• Section 36a-113 to 36a-119 - Reserved for future use.

PART V
RESERVE REQUIREMENTS

• Section 36a-120 - (Formerly Sec. 36-29g). Reserves for Connecticut banks and Connecticut credit unions.
• Section 36a-121 to 36a-124 - Reserved for future use.