Connecticut 2014 Regular Session

Connecticut House Bill HB05160 Compare Versions

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11 General Assembly Raised Bill No. 5160
22 February Session, 2014 LCO No. 847
3- *_____HB05160BA____032014____*
3+ *00847_______BA_*
44 Referred to Committee on BANKS
55 Introduced by:
66 (BA)
77
88 General Assembly
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1010 Raised Bill No. 5160
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1212 February Session, 2014
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1414 LCO No. 847
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16-*_____HB05160BA____032014____*
16+*00847_______BA_*
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1818 Referred to Committee on BANKS
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2020 Introduced by:
2121
2222 (BA)
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2424 AN ACT CONCERNING SECURED AND UNSECURED LENDING.
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2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2828 Section 1. Subdivision (21) of subsection (a) of section 36a-250 of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2014):
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3030 (21) Make secured and unsecured loans and issue letters of credit, [as authorized by and subject to section 36a-260] except as otherwise expressly limited by sections 36a-261 to 36a-265, inclusive;
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3232 Sec. 2. Section 36a-260 of the general statutes is repealed. (Effective October 1, 2014)
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3737 This act shall take effect as follows and shall amend the following sections:
3838 Section 1 October 1, 2014 36a-250(a)(21)
3939 Sec. 2 October 1, 2014 Repealer section
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4141 This act shall take effect as follows and shall amend the following sections:
4242
4343 Section 1
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4545 October 1, 2014
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4747 36a-250(a)(21)
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4949 Sec. 2
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5151 October 1, 2014
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5353 Repealer section
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55+Statement of Purpose:
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57+To repeal a duplicate provision in the general statutes.
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57-BA Joint Favorable
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59-BA
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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.]