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state_legiscan_backfill · CT

An Act Concerning The Organization, Administration And Receivership Of Certain Financial Institutions.

February 6, 2025

Summary

If enacted, this bill would modify the regulatory oversight and operational requirements for Connecticut banks and credit unions. Key changes include increasing bank organization application fees, raising asset deposit requirements for trust and innovation banks, shortening the objection period for name changes, and revising receivership duties.

Source: https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB01256&which_year=2025

Common questions

What does "An Act Concerning The Organization, Administration And Receivership Of Certain Financial Institutions." cover?
If enacted, this bill would modify the regulatory oversight and operational requirements for Connecticut banks and credit unions. Key changes include…
When was it published?
It was published on February 6, 2025.

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