Connecticut 2014 Regular Session

Connecticut House Bill HB05267 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	General Assembly Raised Bill No. 5267
2	2	February Session, 2014 LCO No. 1167
3	3	01167_______BA_
4	4	Referred to Committee on BANKS
5	5	Introduced by:
6	6	(BA)
7	7
8	8	General Assembly
9	9
10	10	Raised Bill No. 5267
11	11
12	12	February Session, 2014
13	13
14	14	LCO No. 1167
15	15
16	16	01167_______BA_
17	17
18	18	Referred to Committee on BANKS
19	19
20	20	Introduced by:
21	21
22	22	(BA)
23	23
24	24	AN ACT CONCERNING REVISIONS TO THE BANKING STATUTES.
25	25
26	26	Be it enacted by the Senate and House of Representatives in General Assembly convened:
27	27
28	28	Section 1. Subsection (g) of section 36a-801 of the 2014 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective from passage):
29	29
30	30	(g) If the commissioner determines that a check filed with the commissioner to pay a fee under [subdivision (1) of this subsection] subsection (b) of this section has been dishonored, the commissioner shall automatically suspend the license or a renewal license that has been issued but is not yet effective. The commissioner shall give the licensee notice of the automatic suspension pending proceedings for revocation or refusal to renew and an opportunity for a hearing on such actions in accordance with section 36a-51.
31	31
32	32	Sec. 2. Subdivisions (30) and (31) of section 34-600 of the general statutes are repealed and the following is substituted in lieu thereof (Effective from passage):
33	33
34	34	(30) "Private organic rules" means the rules, whether or not in a record, that govern the internal affairs of an entity, are binding on all of its interest holders and are not part of its public organic document, if any.
35	35
36	36	(31) "Protected agreement" means (A) a record evidencing indebtedness and any related agreement in effect on or after [October 1, 2011] January 1, 2014; (B) an agreement that is binding on an entity on or after [October 1, 2011] January 1, 2014; (C) the organic rules of an entity in effect on or after [October 1, 2011] January 1, 2014; or (D) an agreement that is binding on any of the governors or interest holders of an entity on or after [October 1, 2011] January 1, 2014.
37	37
38	38	Sec. 3. Subdivision (38) of section 34-600 of the general statutes is repealed and the following is substituted in lieu thereof (Effective from passage):
39	39
40	40	(38) "Type", with regard to an entity, means a generic form of entity (A) recognized at common law, or (B) organized under an organic law, whether or not an entity organized under such organic law is subject to the provisions of such organic law creating different categories of the form of entity.
41	41
42	42
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45	45	This act shall take effect as follows and shall amend the following sections:
46	46	Section 1 from passage 36a-801(g)
47	47	Sec. 2 from passage 34-600(30) and (31)
48	48	Sec. 3 from passage 34-600(38)
49	49
50	50	This act shall take effect as follows and shall amend the following sections:
51	51
52	52	Section 1
53	53
54	54	from passage
55	55
56	56	36a-801(g)
57	57
58	58	Sec. 2
59	59
60	60	from passage
61	61
62	62	34-600(30) and (31)
63	63
64	64	Sec. 3
65	65
66	66	from passage
67	67
68	68	34-600(38)
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70	70	Statement of Purpose:
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72	72	To make a revision to the banking statutes.
73	73
74	74	[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.]