Conn. Gen. Stat. § 36a-183
(Formerly Sec. 36-422). Applicability and construction of sections 36a-180 to 36a-191, inclusive
Connecticut · General Statutes of Connecticut Chapter 664c — Fundamental Changes Involving Banks, Branches, Automated Teller Machines, Virtual Banking and Bank Holding Companies · Status: effective
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- Conn. Gen. Stat. § 36a-183, (Formerly Sec. 36-422). Applicability and construction of sections 36a-180 to 36a-191, inclusive, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2200668
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Full text
(a) The application of sections 36a-180 to 36a-191, inclusive, shall not be affected by the fact that a transaction takes place wholly or partly outside this state or that a company is organized or operates outside this state. Notwithstanding the provisions of subsection (b) of section 33-920, any holding company, whether organized or incorporated or existing under or by virtue of the laws of this state or otherwise, shall be deemed to be transacting business in this state for the purposes of being subject to the provisions of sections 36a-180 to 36a-191, inclusive, and to the jurisdiction of the courts of this state.
(b) Nothing in sections 36a-180 to 36a-191, inclusive, shall be construed to prohibit a company from being both a bank holding company and a savings and loan holding company.