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-760f: Prohibition against dividing or structuring loan to avoid application of nonprime home loan statutory provisions.

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Where this section sits in the code

TITLE 36a. THE BANKING LAW OF CONNECTICUT
CHAPTER 669*. REGULATED ACTIVITIES
PART X. OTHER MORTGAGE AND LOAN PRACTICES

No lender or mortgage broker shall attempt in bad faith to avoid the application of sections 36a-760a to 36a-760h, inclusive, by dividing any loan transaction into separate parts or to structure in bad faith a residential mortgage loan transaction as an open-end loan for the purpose of evading the applicable provisions of sections 36a-760a to 36a-760h, inclusive, when the loan would have been a nonprime home loan if the loan had been structured as a closed-end loan.

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

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