Substitute Senate Bill No. 902
          Substitute Senate Bill No. 902

              PUBLIC ACT NO. 97-208


AN  ACT CONCERNING APPLICATION FEES CHARGED BY THE
DEPARTMENT OF BANKING.


    Be  it  enacted  by  the  Senate  and House of
Representatives in General Assembly convened:
    Section  1.  Subsection  (d) of section 36a-65
of  the  general  statutes  is  repealed  and  the
following is substituted in lieu thereof:
    (d)   (1)   The   fee  for  investigating  and
processing each application is as follows:
    (A)  Establishment  of  a  branch, [or limited
branch,] sale of a branch or relocation of a  main
office   of   a  Connecticut  bank,  two  thousand
dollars, except in the case of a conversion from a
branch to a limited branch and a limited branch to
a branch, a  reasonable  fee  not  to  exceed  two
thousand dollars.
    (B)  [Relocation]  ESTABLISHMENT  OF  A MOBILE
BRANCH, ESTABLISHMENT OF A  LIMITED  BRANCH  UNDER
SUBDIVISION  (1)  OF  SUBSECTION  (c)  OF  SECTION
36a-145, OR RELOCATION  of  a  branch  OR  LIMITED
BRANCH, one thousand five hundred dollars.
    (C)  ESTABLISHMENT  OF  A SPECIAL NEED LIMITED
BRANCH UNDER SUBDIVISION (2) OF SUBSECTION (c)  OF
SECTION 36a-145, FIVE HUNDRED DOLLARS.
    [(C)]   (D)   Establishment   and   use  of  a
satellite device, one hundred fifty dollars.
    [(D)]    (E)    Merger,    consolidation    or
[acquisition] ORGANIZATION OF  A  HOLDING  COMPANY
under  section  36a-125 or 36a-181, or purchase of
assets or assumption of liabilities, other than by
a  Connecticut  credit  union  or  federal  credit
union, under section 36a-210,  two  thousand  five
hundred  dollars  if two institutions are involved
and  five  thousand  dollars  if  three  or   more
institutions are involved.
    [(E)]  (F) Organization of [a] ANY Connecticut
bank, fifteen thousand  dollars,  except  [in  the
case  of an interim bank, two thousand dollars] NO
FEE SHALL BE REQUIRED FOR THE ORGANIZATION  OF  AN
INTERIM CONNECTICUT BANK.
    [(F)]  (G)  Reorganization of a mutual savings
[institution] BANK  OR  MUTUAL  SAVINGS  AND  LOAN
ASSOCIATION  into  a  mutual holding company, five
thousand dollars.
    [(G)]  (H)  Conversions under sections 36a-135
to 36a-138, inclusive, five thousand dollars.
    (2)  The  fee for investigating and processing
each acquisition  statement  filed  under  section
36a-184 [,] IS two thousand five hundred dollars.
    (3)  [The]  ANY fee for processing a notice of
closing  of  a  branch,  [or]  limited  branch  [a
reasonable fee] OR SPECIAL NEED LIMITED BRANCH, IF
CHARGED,  SHALL  not  [to]  exceed  two   thousand
dollars.
    (4)  THE FEE FOR PROCESSING AN APPLICATION FOR
THE SALE OF A LIMITED BRANCH, SPECIAL NEED LIMITED
BRANCH  OR  MOBILE  BRANCH  SHALL  NOT  EXCEED ONE
THOUSAND FIVE HUNDRED DOLLARS.
    [(4)]    (5)   The   fee   for   miscellaneous
investigations [,] IS one  hundred  FIFTY  dollars
per day.
    Sec.  2.  This  act  shall take effect July 1,
1997.

Approved June 24, 1997