Connecticut 2010 Regular Session

Connecticut House Bill HB05049 Compare Versions

OldNewDifferences
11 General Assembly Raised Bill No. 5049
22 February Session, 2010 LCO No. 537
3- *_____HB05049BA____031710____*
3+ *00537_______BA_*
44 Referred to Committee on Banks
55 Introduced by:
66 (BA)
77
88 General Assembly
99
1010 Raised Bill No. 5049
1111
1212 February Session, 2010
1313
1414 LCO No. 537
1515
16-*_____HB05049BA____031710____*
16+*00537_______BA_*
1717
1818 Referred to Committee on Banks
1919
2020 Introduced by:
2121
2222 (BA)
2323
2424 AN ACT CONCERNING THE DEPARTMENT OF BANKING.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 Section 1. Section 36a-1 of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2010):
2929
3030 This title shall be known as the "Banking Law of Connecticut" and shall be applicable to all Connecticut banks, Connecticut credit unions, mortgage lenders, mortgage correspondent lenders, mortgage loan originators and mortgage brokers, money order and travelers check licensees, check cashing service licensees, trustees under mortgages or deeds of trust of real property securing certain investments, corporations exercising fiduciary powers, small loan licensees, business and industrial development corporation licensees, sales finance companies, mortgage servicing companies, debt adjusters, and to [such] any other persons [as] who subject themselves to the provisions of this title or who, by violating any of its provisions, become subject to the penalties provided in this title.
3131
3232 Sec. 2. Section 36a-3 of the general statutes is repealed. (Effective October 1, 2010)
3333
3434
3535
3636
3737 This act shall take effect as follows and shall amend the following sections:
3838 Section 1 October 1, 2010 36a-1
3939 Sec. 2 October 1, 2010 Repealer section
4040
4141 This act shall take effect as follows and shall amend the following sections:
4242
4343 Section 1
4444
4545 October 1, 2010
4646
4747 36a-1
4848
4949 Sec. 2
5050
5151 October 1, 2010
5252
5353 Repealer section
5454
55+Statement of Purpose:
5556
57+To make changes to the general statutes relating to the Department of Banking.
5658
57-BA Joint Favorable
58-
59-BA
60-
61-Joint Favorable
59+[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]