Connecticut · Through Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)

Conn. Gen. Stat. § 36a-221: (Formerly Sec. 36-35). Appointment of receiver or conservator on petition of shareholders.

Read at publisher ↗

Where this section sits in the code

TITLE 36a. THE BANKING LAW OF CONNECTICUT
CHAPTER 664c. FUNDAMENTAL CHANGES INVOLVING BANKS, BRANCHES, AUTOMATED TELLER MACHINES, VIRTUAL BANKING AND BANK HOLDING COMPANIES
PART VIII. FAILURES, RECEIVERSHIPS AND CONSERVATORSHIPS AND OTHER EMERGENCY ACTIONS

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.

Collected 2026-09-06T19:07:12Z. Source file · JSON

Browse this collection