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2016 Connecticut General Statutes
Title 36a - The Banking Law of Connecticut
Chapter 669 - Regulated Activities
Section 36a-756 - (Formerly Sec. 36-9t). Title insurance as condition of mortgage on residential real estate prohibited.
Universal Citation: CT Gen Stat § 36a-756 (2016)
No bank or out-of-state bank shall, in connection with any application for a mortgage loan in this state which is secured by mortgage on residential real estate located in this state, require any prospective mortgagor to obtain by purchase or otherwise an owner's title insurance policy as a condition for the granting of such mortgage.
(P.A. 83-61; P.A. 94-122, S. 335, 340.)
History: P.A. 94-122 made a technical change, effective January 1, 1995; Sec. 36-9t transferred to Sec. 36a-756 in 1995.
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