Conn. Gen. Stat. § 36a-410

Current with legislation from the 2024 Regular and Special Sessions.
Section 36a-410 - (Formerly Sec. 36-552). Definitions

As used in sections 36a-410 to 36a-413, inclusive, unless the context otherwise requires:

(1) "Branch" means a domestic branch as defined in 12 USC Section 1813, as from time to time amended, except that "branch" includes any branch bank, branch office, branch agency, additional office, or any branch place of business at which fiduciary or trust powers are exercised;
(2) "Commercial activities" has the same meaning as provided in subsection (a) of section 36a-145;
(3) "Connecticut holding company" means any holding company whose home state is this state;
(4) "De novo branch" means a branch of a bank or an out-of-state bank other than a foreign bank, which:
(A) Is originally established by such bank or out-of-state bank; and
(B) Does not become a branch of such bank or out-of-state bank as the result of (i) the acquisition by the bank or out-of-state bank of an insured depository institution or a branch of an insured depository institution; or (ii) the conversion, merger or consolidation of any such institution or branch;
(5) "Home state" means:
(A) With respect to a federally-chartered bank, the state in which the main office of the bank is located;
(B) with respect to a foreign bank, the state which is the home state of the foreign bank under the International Bank Act of 1978, 12 USC Section 3101 et seq., as from time to time amended, if any, or the foreign country by which such bank is chartered;
(C) with respect to a state-chartered bank, the state by which such bank is chartered;
(D) with respect to a bank holding company, the state in which the total deposits of all banking subsidiaries of such company are the largest on the later of July 1, 1966, or the date on which the company became a bank holding company under the federal Bank Holding Company Act of 1956, 12 USC Section 1841 et seq., as from time to time amended, and in the case of any such company that holds a banking subsidiary that functions solely in a trust or fiduciary capacity, the state in which the total of such trust or fiduciary assets of such subsidiaries were the largest on the date such company became a bank holding company; and
(E) with respect to a savings and loan holding company, the state in which the total deposits of all savings and loan association subsidiaries of such company were the largest on the date on which the company became a savings and loan holding company and, in the case of any such company that holds a savings and loan association subsidiary that functions solely in a trust or fiduciary capacity, the state in which the total of such trust or fiduciary assets of such subsidiaries were the largest on the date on which such company became a savings and loan holding company;
(6) "Out-of-state holding company" means any holding company whose home state is a state other than this state or whose home state is a foreign country.

Conn. Gen. Stat. § 36a-410

(P.A. 83-411, S. 1, 20; P.A. 84-329, S. 1, 6; P.A. 87-9, S. 2, 3; 87-205, S. 3, 6; 87-589, S. 80, 87; P.A. 88-174, S. 1; P.A. 90-2, S. 1, 20; P.A. 91-357, S. 59, 78; P.A. 92-12, S. 100; P.A. 94-122, S. 185, 340; P.A. 95-155, S. 25, 29; P.A. 97-160, S. 3, 7; P.A. 05-39, S. 8; P.A. 07-14, S. 2.)