CHAPTER 641
SAVINGS BANK INVESTMENTS, LOANS AND DEPOSITS

Table of Contents

Secs. 36-94 and 36-95. Deposits in other banks. No deposit in own commercial department.
Sec. 36-96. Investments.
Secs. 36-96a to 36-96e. Higher education loans. Social purpose investments. Unrestricted investments. Investment in equity securities of corporation to develop low and moderate income housing. Loan of investment securities; value of collateral.
Secs. 36-97 to 36-98a. Investment in notes of ecclesiastical societies or welfare associations and state residents. Personal and educational loans. Commercial, corporate and business loans; loans to wholly-owned subsidiaries. Participation with the Small Business Administration. Investment in investment companies. Secured loans. Loans secured by mobile manufactured homes.
Sec. 36-98b.
Sec. 36-99.
Sec. 36-100. Improvement loans.
Sec. 36-101.
Sec. 36-101a. Loans to executive officers.
Secs. 36-102 to 36-104. Interest on loans. Record of consent to loans. Limitation on deposits.
Sec. 36-104a. Time deposits.
Sec. 36-104b. Checking accounts: Definitions.
Secs. 36-104c and 36-104d. Acceptance of demand deposits. Interest payable.
Secs. 36-104e to 36-104k. Reserve fund requirements. Other demand deposits prohibited; use of checking account for other than personal purposes. Exception of certain special accounts. Accounts at branch office. Notice of intent to accept checking accounts; complaint by commercial bank. Termination of right to accept checking accounts. Transfers by negotiable withdrawal order from savings account.
Sec. 36-104l.
Sec. 36-104m. Effective dates.
Sec. 36-104n. Credit card transactions.
Secs. 36-104o and 36-105. Demand deposits in connection with commercial, corporate and business loans. Trial balances.
Sec. 36-106.
Sec. 36-107. Club deposits.
Sec. 36-108.
Sec. 36-109. Savings stamp machines.
Secs. 36-110 and 36-111.
Sec. 36-112. Payment after death.
Sec. 36-113.
Sec. 36-113a. Receipts and periodic statements in lieu of passbook.
Sec. 36-114.
Sec. 36-115. Inactive accounts paid to State Treasurer.
Sec. 36-116. Federal home loan bank system.

      Secs. 36-94 and 36-95. Deposits in other banks. No deposit in own commercial department. Sections 36-94 and 36-95 are repealed.

      (1949 Rev., S. 5813, 5814; 1949, S. 2666d; 1963, P.A. 88; February, 1965, P.A. 77; 1967, P.A. 430, S. 1; 461, S. 10, 11; P.A. 82-267, S. 3, 4.)

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      Sec. 36-96. Investments. Section 36-96 is repealed, effective January 1, 1995.

      (1949 Rev., S. 5815; 1949, 1951, S. 2669d, 2672d; 1951, S. 2670d, 2671d; 1953, S. 2673d; 1953, 1955, S. 2668d, 2674d-2677d; 1955, S. 2667d, 2678d; 1957, P.A. 69, S. 1; March, 1958, P.A. 4, S. 1; 1959, P.A. 8; 9, S. 1; 15, S. 1; 18; 1961, P.A. 87; 91; 98; 103; 107; 126; 157; 164; 296; 1963, P.A. 65, S. 1, 2; 85, S. 1, 2; 86; 87; 140; 511; February, 1965, P.A. 15; 62; 67; 84; 89, S. 1; 100, S. 1; 613, S. 1, 2, 3; 1967, P.A. 434, S. 1; 461, S. 12, 13, 14, 15, 16, 17, 18, 19; 1969, P.A. 88; 149; 221, S. 1, 2, 3; 222, S. 2; 504, S. 19; 1971, P.A. 264, S. 1; 392, S. 1-4; 446, S. 1, 2; P.A. 73-103, S. 1, 2; 73-372, S. 1, 2; 73-418; P.A. 75-144, S. 1-4, 6; P.A. 78-121, S. 94-96, 113; P.A. 79-233, S. 1; 79-328; P.A. 81-120, S. 2, 13; P.A. 82-216, S. 1; 82-276, S. 1, 2; P.A. 83-439, S. 1, 2, 4; P.A. 84-35, S. 2, 3; 84-102; 84-104, S. 1, 2; P.A. 85-248, S. 2, 3; 85-272, S. 1, 2; 85-379, S. 13-15, 53; P.A. 86-138, S. 1, 2; 86-403, S. 70, 71, 132; P.A. 87-9, S. 2, 3; P.A. 88-26; 88-42; P.A. 91-357, S. 20, 78; P.A. 92-5, S. 1, 2; 92-12, S. 35; P.A. 93-60, S. 2; P.A. 94-122, S. 339, 340.)

      See Sec. 36a-276 re investments in equity securities.

      See Sec. 36a-277 re social purpose investments.

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      Secs. 36-96a to 36-96e. Higher education loans. Social purpose investments. Unrestricted investments. Investment in equity securities of corporation to develop low and moderate income housing. Loan of investment securities; value of collateral. Sections 36-96a to 36-96e, inclusive, are repealed.

      (1967, P.A. 99; 1971, P.A. 674, S. 1; 1972, P.A. 75, S. 1, 2; 114, S. 1; P.A. 75-144, S. 5, 6; P.A. 77-614, S. 161, 610; P.A. 78-121, S. 112, 113.)

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      Secs. 36-97 to 36-98a. Investment in notes of ecclesiastical societies or welfare associations and state residents. Personal and educational loans. Commercial, corporate and business loans; loans to wholly-owned subsidiaries. Participation with the Small Business Administration. Investment in investment companies. Secured loans. Loans secured by mobile manufactured homes. Sections 36-97 to 36-98a, inclusive, are repealed, effective January 1, 1995.

      (1949 Rev., S. 5816, 5817; 1957, P.A. 188; 1961, P.A. 197; February, 1965, P.A. 117, S. 1, 2; 1967, P.A. 433, S. 1, 2; 435, S. 1, 2; 461, S. 20, 21; 1969, P.A. 454, S. 26; 1971, P.A. 245; P.A. 73-187, S. 1, 2; P.A. 75-79, S. 1, 2; P.A. 78-6, S. 1, 3; P.A. 81-120, S. 1, 11, 13; P.A. 82-183, S. 1, 2, 4; P.A. 83-438, S. 4, 8; 83-439, S. 3, 4; June Sp. Sess. P.A. 83-3, S. 1; P.A. 84-103, S. 1, 2; P.A. 85-379, S. 16-19, 46; P.A. 86-214, S. 2; P.A. 87-36, S. 1; P.A. 91-357, S. 21, 22, 78; P.A. 92-12, S. 36; P.A. 94-122, S. 339, 340.)

      See Sec. 36a-260 re general loan authority.

      See Sec. 36a-276 re equity investments in registered investment companies.

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      Sec. 36-98b. Transferred to Chapter 665, Part II, Sec. 36a-262.

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      Sec. 36-99. Transferred to Chapter 665, Part II, Sec. 36a-261.

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      Sec. 36-100. Improvement loans. Section 36-100 is repealed, effective January 1, 1995.

      (1949, Rev., S. 5820; 1951, 1955, S. 2681d; 1959, P.A. 12, S. 1; 1961, P.A. 209; 418, S. 1; 1963, P.A. 61; 111; February, 1965, P.A. 533; 1967, P.A. 433, S. 3; 461, S. 23; 1972, P.A. 82, S. 1-3; P.A. 78-6, S. 2, 3; P.A. 81-120, S. 12, 13; P.A. 92-12, S. 38; P.A. 94-122, S. 339, 340.)

      See Secs. 36a-260, 36a-261 re general loan authority.

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      Sec. 36-101. Transferred to Chapter 665, Part II, Sec. 36a-266.

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      Sec. 36-101a. Loans to executive officers. Section 36-101a is repealed, effective January 1, 1995.

      (1967, P.A. 461, S. 39; 1971, P.A. 449, S. 1; P.A. 76-122, S. 1, 2; P.A. 81-86, S. 1, 2; P.A. 84-213, S. 1, 2; P.A. 85-379, S. 21; P.A. 92-12, S. 39; P.A. 94-122, S. 339, 340.)

      See Sec. 36a-98(b) re sale of stock.

      See Sec. 36a-263(a) re Federal Reserve Board Regulation O.

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      Secs. 36-102 to 36-104. Interest on loans. Record of consent to loans. Limitation on deposits. Sections 36-102 to 36-104, inclusive, are repealed.

      (1949 Rev., S. 5821-5823; 1951, S. 2684d; 1955, S. 2683d; 1959, P.A. 587; 1961, P.A. 90; 436; 1967, P.A. 461, S. 25, 26; 1969, P.A. 254; P.A. 73-189, S. 1, 2; P.A. 75-136, S. 1, 2; P.A. 76-149, S. 1, 3; P.A. 77-604, S. 22, 84; P.A. 80-112, S. 1, 3; P.A. 83-438, S. 7, 8, P.A. 85-379, S. 53.)

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      Sec. 36-104a. Time deposits. Section 36-104a is repealed, effective January 1, 1995.

      (1967, P.A. 397, S. 1; 1971, P.A. 395, S. 1; P.A. 76-149, S. 2, 3; P.A. 80-112, S. 2, 3; P.A. 83-438, S. 5, 8; P.A. 85-379, S. 22; P.A. 88-15; P.A. 94-122, S. 339, 340.)

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      Sec. 36-104b. Checking accounts: Definitions. Section 36-104b is repealed.

      (P.A. 73-195, S. 1, 14; P.A. 77-54, S. 3, 4; 77-614, S. 161, 610; P.A. 85-379, S. 53.)

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      Secs. 36-104c and 36-104d. Acceptance of demand deposits. Interest payable. Sections 36-104c and 36-104d are repealed, effective January 1, 1995.

      (P.A. 73-195, S. 2, 3, 14; P.A. 85-379, S. 23; P.A. 91-357, S. 25, 26, 78; P.A. 94-122, S. 339, 340.)

      See Sec. 36a-250(a)(2) re demand deposits in Connecticut banks.

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      Secs. 36-104e to 36-104k. Reserve fund requirements. Other demand deposits prohibited; use of checking account for other than personal purposes. Exception of certain special accounts. Accounts at branch office. Notice of intent to accept checking accounts; complaint by commercial bank. Termination of right to accept checking accounts. Transfers by negotiable withdrawal order from savings account. Sections 36-104e to 36-104k, inclusive, are repealed.

      (P.A. 73-195, S. 4-6, 8-10, 12, 14; P.A. 74-254, S. 4; P.A. 77-54, S. 1, 4, 14; P.A. 81-120, S. 3, 5, 13; 81-128, S. 16; P.A. 85-379, S. 53.)

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      Sec. 36-104l. Transferred to Chapter 634, Sec. 36-9i.

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      Sec. 36-104m. Effective dates. Section 36-104m is repealed.

      (P.A. 73-195, S. 7, 14; P.A. 85-379, S. 53.)

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      Sec. 36-104n. Credit card transactions. Section 36-104n is repealed, effective January 1, 1995.

      (P.A. 75-185, S. 1, 2; P.A. 80-483, S. 103, 186; P.A. 82-183, S. 3, 4; P.A. 85-379, S. 24; P.A. 94-122, S. 339, 340.)

      See Sec. 36a-250(a)(22) re power to issue credit cards and credit card transactions of Connecticut banks.

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      Secs. 36-104o and 36-105. Demand deposits in connection with commercial, corporate and business loans. Trial balances. Sections 36-104o and 36-105 are repealed.

      (1949 Rev., S. 5824; 1967, P.A. 461, S. 27; P.A. 78-121, S. 112, 113; P.A. 81-120, S. 4, 13; P.A. 85-379, S. 53.)

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      Sec. 36-106. Transferred to Chapter 665a, Part I, Sec. 36a-298.

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      Sec. 36-107. Club deposits. Section 36-107 is repealed, effective January 1, 1995.

      (1949 Rev., S. 5826; 1967, P.A. 461, S. 29; P.A. 92-12, S. 41; P.A. 94-122, S. 339, 340.)

      See Sec. 36a-250(a)(2) re power to accept club deposits.

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      Sec. 36-108. Transferred to Chapter 665a, Part I, Sec. 36a-300.

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      Sec. 36-109. Savings stamp machines. Section 36-109 is repealed, effective January 1, 1995.

      (1949 Rev., S. 5828; 1967, P.A. 461, S. 31; P.A. 78-121, S. 99, 113; P.A. 94-122, S. 339, 340.)

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      Secs. 36-110 and 36-111. Transferred to Chapter 665a, Part I, Secs. 36a-296 and 36a-297.

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      Sec. 36-112. Payment after death. Section 36-112 is repealed.

      (1949 Rev., S. 5832; 1967, P.A. 461, S. 34; P.A. 78-121, S. 112, 113.)

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      Sec. 36-113. Transferred to Chapter 665a, Part I, Sec. 36a-291.

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      Sec. 36-113a. Receipts and periodic statements in lieu of passbook. Section 36-113a is repealed, effective January 1, 1995.

      (1961, P.A. 222, S. 1; 1967, P.A. 461, S. 36; P.A. 94-122, S. 339, 340.)

      See Sec. 36a-2 re definition of "savings account".

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      Sec. 36-114. Transferred to Chapter 665a, Part I, Sec. 36a-294.

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      Sec. 36-115. Inactive accounts paid to State Treasurer. Section 36-115 is repealed.

      (1949 Rev., S. 5835; 1953, 1955, S. 2687d; 1961, P.A. 540, S. 31.)

      See chapter 32, part III re escheats.

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      Sec. 36-116. Federal home loan bank system. Section 36-116 is repealed, effective January 1, 1995.

      (1949 Rev., S. 5836; 1967, P.A. 461, S. 38; P.A. 94-122, S. 339, 340.)

      See Sec. 36a-250(a)(37) re joining federal Home Loan Bank System.

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