{"data":{"id":"us-ct/conn.-gen.-stat.-36a-436b","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 36a-436b","heading":"Issuance of certificate of authority to engage in business of Connecticut credit union.","body":"(a) No person shall, or have the power to, engage in the business of a Connecticut credit union in this state until such person has obtained a certificate of authority to engage in the business of a Connecticut credit union from the commissioner.\n(b) No person shall use, either as a part of its name or as a prefix or suffix thereto or as a designation of the business carried on by it, the phrase “credit union” or “mutual benefit association”, except a Connecticut credit union, a federal credit union or a credit union otherwise authorized to engage in business in this state under this title. The provisions of this subsection shall not apply to an association of credit unions or a credit union service organization located in this state.\n(c) A certificate of authority shall be issued by the commissioner to an applicant meeting the requirements of section 36a-437a.\n(d) A certificate of authority issued under this section may be revoked by the commissioner for cause in accordance with section 36a-51.","path":["TITLE 36a. THE BANKING LAW OF CONNECTICUT","CHAPTER 667*. CREDIT UNIONS"],"source_url":"https://www.cga.ct.gov/current/pub/chap_667.htm#sec_36a-436b","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:12Z","sha256":"972ea590a8c89c84f1da92fc5263994f19fed733e5e668a0db0a875cc303212b","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-36a-436a","next":"us-ct/conn.-gen.-stat.-36a-437"},"notice":"GroundRules: Original legal text. Not legal advice."}
