Conn. Gen. Stat. § 36a-111

Current with legislation from the 2024 Regular and Special Sessions.

Section 36a-111 - Acquisition and disposal of own stock

Subject to the approval of the commissioner, a capital stock Connecticut bank may acquire and dispose of its own stock pursuant to section 33-684 provided no such acquisition shall reduce the bank's equity capital below the minimum for a capital stock Connecticut bank as required by section 36a-70.

Conn. Gen. Stat. § 36a-111

( P.A. 94-122, S. 58, 340; P.A. 96-271, S. 196, 254.)