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-264: (Formerly Sec. 36-68). Loans secured by own stock or stock of holding company prohibited. Exception.

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Where this section sits in the code

TITLE 36a. THE BANKING LAW OF CONNECTICUT
CHAPTER 665. POWERS, LOANS AND INVESTMENTS
PART II. LOANS

A capital stock Connecticut bank shall not make any loan on or discount any paper secured by a pledge of its own stock or of the stock of a holding company of which such bank is an affiliate, unless such pledge shall be necessary to prevent loss upon a debt previously contracted by such bank in good faith.

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

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