Chapter 667. Credit Unions
Section
36a-435(Formerly Sec. 36-194). Definitions.36a-435aShort title: Connecticut Credit Union Act.36a-435bDefinitions.36a-436(Formerly Sec. 36-195). License required.36a-436aFranchise and filing fee payable to the Secretary of the State.36a-436bIssuance of certificate of authority to engage in business of Connecticut credit union.36a-437(Formerly Sec. 36-196). Organization.36a-437aOrganization.36a-438(Formerly Sec. 36-196a). Field of membership. Expansion. Membership applications. Continuation of membership. Expulsion or withdrawal of member.36a-438aField of membership. Expansion. Change in field of membership.36a-439(Formerly Sec. 36-196c). Change in the field of membership.36a-439aMembership applications. Expulsion of member.36a-440(Formerly Sec. 36-196d). Central credit union.36a-440aMeetings.36a-440bFinancial and statistical reports and other information. Records.36a-441(Formerly Sec. 36-198). Powers.36a-441aLoan and lease losses account. Net worth requirement.36a-442(Formerly Sec. 36-198b). Mortgage loans to members.36a-442aDeposit of funds; withdrawals. Bond requirement.36a-443 to 36a-448(Formerly Secs. 36-198c to 36-198e, 36-200, 36-202 and 36-203). Extension of lines of credit to members. Lien on shares of members. Tax and loan and note accounts. Shares; value; withdrawal; minors; trusts; retirement accounts; share insurance. Meetings. Governing board.36a-448aGoverning board powers.36a-449(Formerly Sec. 36-203a). Governing board meetings.36a-449aMeetings of governing board.36a-450(Formerly Sec. 36-203b). Governing board powers. Committees.36a-450aExecutive committee.36a-451(Formerly Sec. 36-203c). Executive committee.36a-451aSupervisory committee. Members. Powers. Duties.36a-452(Formerly Sec. 36-203d). Investment policy.36a-452aCredit committee. Credit manager. Loan officer.36a-453 and 36a-454(Formerly Secs. 36-204 and 36-204a). Officers. Benefits for Connecticut credit union employees and their families; liability or indemnity coverage for directors, credit committee members and supervisory committee members.36a-454aBenefits for Connecticut credit union employees and their families. Liability or indemnity coverage for directors, credit committee members and supervisory committee members.36a-454bConflict of interest policy. Prohibitions re insiders and family members of insiders.36a-455(Formerly Sec. 36-205). Credit committee. Loans. Lines of credit.36a-455aPowers.36a-455bTransfer of assets or business. Sale of branch. Acquisition of assets or business of federal credit union.36a-456(Formerly Sec. 36-206). Loans. Interest on loans. Authorization of interest refunds. Security. Regulations.36a-456aShares; secondary capital accounts; share insurance.36a-456bTax and loan and note accounts.36a-456cDividends.36a-457(Formerly Sec. 36-208). Supervisory committee. Members. Powers. Duties.36a-457aLoan policy.36a-457bMortgage loans to members.36a-458(Formerly Sec. 36-209). Reserve requirements.36a-458aLoans. Definitions.36a-459(Formerly Sec. 36-210). Dividends.36a-459aInvestment policy.36a-460(Formerly Sec. 36-211). Losses. Reduction of liabilities.36a-460aCorporate Connecticut credit union.36a-461(Formerly Sec. 36-213). Deposit of funds; withdrawals. Registration of securities; inspection. Bonding of officers, employees and authorized agents.36a-461aCredit union service organizations.36a-462(Formerly Sec. 36-214). Regulations re conduct of Connecticut credit unions, enforcement of chapter and establishment of rates paid as dividends.36a-462aEstablishment of branch in this state or outside state by Connecticut credit union. Application.36a-462bEstablishment of branch in this state by out-of-state, state-chartered credit union. Expansion of field of membership.36a-463(Formerly Sec. 36-215). Reports to commissioner. Net worth restoration plan. Records. Fees.36a-463aAudit report and net worth restoration plan by out-of-state, state-chartered or federally-chartered credit union that maintains branch in this state.36a-463bRelocation of main office of Connecticut credit union with approval of commissioner.36a-464 to 36a-468(Formerly Secs. 36-219 to 36-221, 36-223a). Termination. Distribution of assets upon liquidation. No exemption from taxation. License required of other entities. Conversion of Connecticut credit union into federal or out-of-state credit union.36a-468aMergers.36a-468bConversion of Connecticut credit union into federal credit union.36a-469 (Formerly Sec36-223b) and 36a-469a. Conversion of federal or out-of-state credit union into Connecticut credit union. Conversion of Connecticut or federal credit union into mutual savings bank, mutual savings and loan association or mutual community bank.36a-469bConversion of federal or out-of-state credit union into Connecticut credit union.36a-469cConversion of Connecticut or federal credit union into mutual savings bank, mutual savings and loan association or mutual community bank.36a-470(Formerly Sec. 36-223c). Mergers.36a-470aTermination.36a-471(Formerly Sec. 36-223d). Sale of assets.36a-471aRegulations re conduct of Connecticut credit unions, enforcement of chapter and establishment of rates paid as dividends.36a-472(Formerly Sec. 36-223e). Out-of-state credit union doing business in this state.36a-472aNo exemption from taxation.36a-473 and 36a-474 (Formerly Secs36-223f and 36-224) and 36a-475. Reports and examination of out-of-state credit unions doing business in this state; net worth restoration plan; revocation or suspension of approval. Exceptions. Credit union service organizations; shared service centers.36a-476Compliance with federal Currency and Foreign Transactions Reporting Act.36a-477 to 36a-48436a-477 to 36a-484