Conn. Gen. Stat. § 36a-221
(Formerly Sec. 36-35). Appointment of receiver or conservator on petition of shareholders
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-221, (Formerly Sec. 36-35). Appointment of receiver or conservator on petition of shareholders, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2200692
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Full text
A receiver or conservator for any capital stock Connecticut bank whose capital is impaired may be appointed by the superior court for the judicial district of Hartford or the judicial district in which the main office of such bank is located, on the petition of the holders of a majority of the shares of its capital stock, if the court finds that the interests of the shareholders so require.