Conn. Gen. Stat. § 49-31j
Regulations
Connecticut · General Statutes of Connecticut Chapter 846 — Mortgages · Status: effective
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- Citation
- Conn. Gen. Stat. § 49-31j, Regulations, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2208907
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Full text
The Banking Commissioner shall adopt such regulations, in accordance with chapter 54, as the commissioner deems necessary specifying (1) the manner in which a composite interest rate shall be computed for the new mortgage debt pursuant to subsection (c) of section 49-31i, (2) the method or standard by which prevailing market rates of interest are to be determined, and (3) a form a lender may use to give notice pursuant to section 49-31e to a homeowner of the availability of the provisions of sections 49-31d to 49-31i, inclusive.