CHAPTER 642* SAVINGS BANKS

CHAPTER 642*
SAVINGS BANKS

*Ownership of funds in bank. 64 C. 365; 89 C. 423. Effect of printing bylaws in passbook; various bylaws considered. 77 C. 295; 81 C. 372; 85 C. 225; 87 C. 341.

Table of Contents

Sec. 36-117. General statutes to prevail.
Sec. 36-117a.
Sec. 36-117b. Procedure for change of name by mutual savings banks.
Sec. 36-118. Franchise not transferable. Forfeiture.
Secs. 36-119 and 36-120. Bylaws. Change of location.
Sec. 36-121.
Sec. 36-122. Vacancy in office.
Secs. 36-123 to 36-126. Interlocking officers. Bond of officers and employees. Loans to officers, directors, trustees or employees. Compensation of officials and employees; insurance and pensions.
Sec. 36-126a. Compensation of officials and employees.
Sec. 36-126b.
Sec. 36-127. Reports to commissioner.
Sec. 36-128.
Secs. 36-129 to 36-140c. Establishment and operation of branches. Acquisition, alteration or improvement of bank real estate. Sale of real estate. Investment in certain service corporations. Issuance and sale of securities guaranteed by Government National Mortgage Association. Issuance and sale of debt instruments. Signature guaranties. Trustee and fiduciary powers. Powers; custodial and investment. Safe deposit boxes. Sale of checks. Sale and servicing of mortgage loans; Federal National Mortgage Association stock. Servicing of Small Business Administration loans. Collection of moneys due utility companies. Agent for sale of U.S. bonds. Charitable contributions. Dividends. Consolidation. Merger or consolidation of mutual savings banks with mutual savings and loan associations. Conversion of mutual savings bank into a mutual savings and loan association. Conversion from federal mutual savings bank.
Secs. 36-141 and 36-141a. Deposit Guaranty Fund. Deposit Guaranty Fund; liquidation.
Sec. 36-142.
Sec. 36-142a. Acceptance by insurance banks of stock of Savings Bank Life Insurance Company.
Secs. 36-142b to 36-142k.

Sec. 36-117. General statutes to prevail. Section 36-117 is repealed, effective January 1, 1995.

(1949 Rev., S. 5837; P.A. 94-122, S. 339, 340.)

See Sec. 36a-72 re prevailing of general statutes.

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Sec. 36-117a. Transferred to Chapter 664b, Part II, Sec. 36a-84.

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Sec. 36-117b. Procedure for change of name by mutual savings banks. Section 36-117b is repealed, effective January 1, 1995.

(P.A. 75-159, S. 1, 3; P.A. 88-65, S. 31; P.A. 94-122, S. 339, 340.)

See Sec. 36a-82 re change of name by Connecticut bank.

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Sec. 36-118. Franchise not transferable. Forfeiture. Section 36-118 is repealed.

(1949 Rev., S. 5838; P.A. 78-121, S. 112, 113.)

See Sec. 36-117a for successor provisions.

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Secs. 36-119 and 36-120. Bylaws. Change of location. Sections 36-119 and 36-120 are repealed, effective January 1, 1995.

(1949 Rev., S. 5839, 5840; P.A. 87-34, S. 2, 5; P.A. 94-122, S. 339, 340.)

See Sec. 36a-80 re Connecticut bank bylaws.

See Sec. 36a-81 re change of location.

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Sec. 36-121. Transferred to Chapter 664b, Part III, Sec. 36a-99.

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Sec. 36-122. Vacancy in office. Section 36-122 is repealed, effective January 1, 1995.

(1949 Rev., S. 5852; P.A. 94-122, S. 339, 340.)

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Secs. 36-123 to 36-126. Interlocking officers. Bond of officers and employees. Loans to officers, directors, trustees or employees. Compensation of officials and employees; insurance and pensions. Sections 36-123 to 36-126, inclusive, are repealed.

(1949 Rev., S. 5851, 5853-5855; 1949, S. 2693d; 1951, S. 2659d; 1953, S. 2692d; 1955, S. 2693d, 2694d; 1957, P.A. 71, S. 1, 2; 214; 1959, P.A. 16; 19, S. 2; 1967, P.A. 461, S. 40; P.A. 73-124, S. 5; P.A. 78-121, S. 112, 113.)

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Sec. 36-126a. Compensation of officials and employees. Section 36-126a is repealed, effective January 1, 1995.

(1959, P.A. 19, S. 1; February, 1965, P.A. 69; 286; 1969, P.A. 142, S. 1, 2; 1971, P.A. 312, S. 1; P.A. 73-154, S. 2, 3; P.A. 78-121, S. 84, 113; P.A. 94-122, S. 339, 340.)

See Sec. 36a-98 re compensation of officials and employees.

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Sec. 36-126b. Transferred to Chapter 664b, Part III, Sec. 36a-100.

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Sec. 36-127. Reports to commissioner. Section 36-127 is repealed, effective January 1, 1995.

(1949 Rev., S. 5841; 1951, S. 2688d; February, 1965, P.A. 266; P.A. 79-65, S. 2, 4; P.A. 94-122, S. 339, 340.)

See Sec. 36a-16 re reports to commissioner.

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Sec. 36-128. Transferred to Chapter 664b, Part II, Sec. 36a-86.

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Secs. 36-129 to 36-140c. Establishment and operation of branches. Acquisition, alteration or improvement of bank real estate. Sale of real estate. Investment in certain service corporations. Issuance and sale of securities guaranteed by Government National Mortgage Association. Issuance and sale of debt instruments. Signature guaranties. Trustee and fiduciary powers. Powers; custodial and investment. Safe deposit boxes. Sale of checks. Sale and servicing of mortgage loans; Federal National Mortgage Association stock. Servicing of Small Business Administration loans. Collection of moneys due utility companies. Agent for sale of U.S. bonds. Charitable contributions. Dividends. Consolidation. Merger or consolidation of mutual savings banks with mutual savings and loan associations. Conversion of mutual savings bank into a mutual savings and loan association. Conversion from federal mutual savings bank. Sections 36-129 to 36-140c, inclusive, are repealed, effective January 1, 1995.

(1949 Rev., S. 5843-5849, 5856, 5857; 1949, S. 2691d; 1951, S. 2689d, 2690d; 1953, S. 2697d; 1955, S. 2689d, 2696d; November, 1955, S. N216; 1957, P.A. 68, S. 1; 99, S. 1; 235, S. 1; 243; February, 1965, P.A. 39, S. 1, 2; 72; 125; 394, S. 1; 1969, P.A. 141, S. 1; 540; 557, S. 1-3; 1971, P.A. 311, S. 1; 1972, P.A. 74, S. 1; 114, S. 3; P.A. 77-62, S. 2; 77-614, S. 161, 610; P.A. 78-121, S. 37, 80, 101-103, 113; 78-303, S. 46, 47, 136; P.A. 79-247, S. 2; P.A. 80-483, S. 104, 186; P.A. 81-71, S. 1; 81-128, S. 1, 4, 17; 81-207, S. 2; P.A. 82-278, S. 1, 2; P.A. 83-271, S. 1, 2; 83-411, S. 14, 16, 20; 83-438, S. 6, 8; P.A. 84-546, S. 89, 173; P.A. 85-209, S. 1, 2; 85-379, S. 25, 26, 42, 44; P.A. 86-122, S. 1, 2; 86-176, S. 2; 86-403, S. 72, 132; P.A. 87-9, S. 2, 3; 87-17; P.A. 90-2, S. 10, 11, 20; 90-42, S. 1-4; 90-64, S. 2, 4; P.A. 91-38, S. 2; 91-189, S. 2, 3, 13; 91-357, S. 27, 78; 92-12, S. 43-46; 92-17, S. 2, 7; P.A. 93-59, S. 4, 8; P.A. 94-122, S. 339, 340.)

See Sec. 36a-34 re community reinvestment approval.

See Sec. 36a-125 re merger or consolidation of Connecticut banks.

See Sec. 36a-135 re conversion of Connecticut mutual savings banks into mutual associations and re conversion of federal mutual savings banks into Connecticut mutual savings banks.

See Sec. 36a-145 re establishment and operation of branches.

See Sec. 36a-250 re general power to pay dividends and investment and custodial powers of Connecticut banks.

See Sec. 36a-250(a)(6) re safe deposit business.

See Sec. 36a-250(a)(7) re trustee and fiduciary powers.

See Sec. 36a-250(a)(10) re signature guaranties.

See Sec. 36a-250(a)(13) re collection of taxes and money due utilities.

See Sec. 36a-250(a)(14) re power to act as agent for sale of U.S. bonds.

See Sec. 36a-250(a)(18) re power to make charitable contributions.

See Sec. 36a-250(a)(20) re sale or issuance of checks or drafts.

See Sec. 36a-250(a)(28) re power to sell and service mortgage loans.

See Sec. 36a-250(a)(30) re securities guaranteed by Government National Mortgage Association.

See Sec. 36a-250(a)(31) re power to sell and issue debt instruments.

See Sec. 36a-250(a)(33) re acquisition, alteration or improvement of bank real estate.

See Sec. 36a-250(a)(34) re powers of Connecticut banks to sell real estate.

See Sec. 36a-275(b)(2) re authority to purchase equity securities of bank.

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Secs. 36-141 and 36-141a. Deposit Guaranty Fund. Deposit Guaranty Fund; liquidation. Sections 36-141 and 36-141a are repealed.

(1949 Rev., S. 5858; 1951, S. 2698d-2704d; 1959, P.A. 45; 1961, P.A. 83; 84; P.A. 77-614, S. 161, 610; P.A. 78-121, S. 86, 113; P.A. 84-31.)

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Sec. 36-142. Transferred to Chapter 665, Part IV, Sec. 36a-285.

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Sec. 36-142a. Acceptance by insurance banks of stock of Savings Bank Life Insurance Company. Section 36-142a is repealed.

(1963, P.A. 489, S. 4; P.A. 78-121, S. 112, 113.)

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Secs. 36-142b to 36-142k. Reserved for future use.

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