Connecticut Administrative Code
Title 36a - The Banking Law of Connecticut
136 - Conversion of Mutual Connecticut Banks to Capital Stock Connecticut Banks
- Section 36a-136-1 - Definitions
- Section 36a-136-2 - Pre-conversion meeting
- Section 36a-136-3 - Business plan
- Section 36a-136-4 - Confidentiality
- Section 36a-136-5 - Adoption of plan of conversion
- Section 36a-136-6 - Notice to depositors
- Section 36a-136-7 - Amendment of plan of conversion of a mutual savings and loan association
- Section 36a-136-8 - Filing requirements
- Section 36a-136-9 - Confidentiality of conversion application
- Section 36a-136-10 - Amendment of conversion application
- Section 36a-136-11 - Notice of filing of application and comment process
- Section 36a-136-12 - Actions by commissioner on conversion application
- Section 36a-136-13 - Vote by depositors of a converting mutual savings and loan association
- Section 36a-136-14 - Proxy solicitation for vote of depositors of a mutual savings and loan association
- Section 36a-136-15 - Filing of offering circular
- Section 36a-136-16 - Distribution of offering circular
- Section 36a-136-17 - Filing of post-effective amendment to the offering circular
- Section 36a-136-18 - Purchase priority and timing of offer to sell conversion shares
- Section 36a-136-19 - Pricing of conversion shares
- Section 36a-136-20 - Sale of conversion shares
- Section 36a-136-21 - Prohibited sales practices
- Section 36a-136-22 - Payment for conversion shares by subscribers
- Section 36a-136-23 - Payment of interest on payments for conversion shares
- Section 36a-136-24 - Subscription rights of eligible account holders and supplemental eligible account holders
- Section 36a-136-25 - Officers and directors and their associates as eligible account holders
- Section 36a-136-26 - Purchase of conversion shares by other depositors of a mutual savings and loan association
- Section 36a-136-27 - Limitations on the aggregate purchases of conversion shares by officers, directors and their associates
- Section 36a-136-28 - Allocation of conversion shares if shares are oversubscribed
- Section 36a-126-29 - Purchase of conversion shares by employee stock ownership plan
- Section 36a-136-30 - Imposition of purchase limitations by the converting institution
- Section 36a-136-31 - Purchase preference for persons in the local community
- Section 36a-136-32 - Other conditions applicable to the offering of conversion shares in a community offering, a public offering or both
- Section 36a-136-33 - Completion of sale of stock
- Section 36a-136-34 - Completion of conversion
- Section 36a-136-35 - Termination of the conversion
- Section 36a-136-36 - Rights of depositors of the converted institution
- Section 36a-136-37 - Liquidation account
- Section 36a-136-38 - Implementation of a stock option plan or management or employee stock benefit plan
- Section 36a-136-39 - Restrictions on trading of shares by directors, officers and their associates
- Section 36a-136-40 - Repurchase of shares after conversion
- Section 36a-136-41 - Declaration or payments of dividends after conversion
- Section 36a-136-42 - Acquisition of shares after conversion
- Section 36a-136-43 - Other requirements after conversion
- Section 36a-136-44 - Donation of conversion shares or conversion proceeds to a charitable organization
- Section 36a-136-45 - Formation of a holding company as part of the conversion
- Section 36a-136-46 - Acquisition of another insured capital stock bank as part of the conversion
- Section 36a-136-47 - Merger with an existing insured capital stock bank as part of the conversion
- Section 36a-136-48 - Acquisition by an existing holding company as part of the conversion
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