Conn. Gen. Stat. § 36a-127
Merger of Connecticut bank with nonbank affiliates
Connecticut · General Statutes of Connecticut Chapter 664c — Fundamental Changes Involving Banks, Branches, Automated Teller Machines, Virtual Banking and Bank Holding Companies · Status: effective
Cite this
- Citation
- Conn. Gen. Stat. § 36a-127, Merger of Connecticut bank with nonbank affiliates, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2200649
- Permanent ID
ys:prov:2200649@1- SHA-256
f80cbbd1990b0f57071e60ed8606095ce77878a60bb7948135864e8a1e65f495
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
A Connecticut bank may merge with one or more of its affiliates that are not banks or out-of-state banks, provided the resulting institution is a Connecticut bank. Such merger shall be effected in accordance with the provisions of section 36a-125 as if such affiliate were a constituent bank, except, with respect to any provision therein governing corporate procedure, including the rights of dissenting members or shareholders who assert existing appraisal rights, such affiliate shall comply with the laws of the state or other jurisdiction under which such affiliate is organized. Any such affiliate shall also comply with other applicable laws of the state or other jurisdiction under which such affiliate is organized concerning such mergers.