Any mutual holding company having its principal office in this state may convert into a capital stock holding company, upon the approval of the conversion by the commissioner, in accordance with the provisions of section 36a-136 .
Conn. Gen. Stat. § 36a-197
(Formerly Sec. 36-142ff). Conversion into stock holding company
Known as the Connecticut Bank Holding Company and Bank Acquisition Act
The act spans §§ 36–36 (78 sections).
(P.A. 85-330, S. 7, 14.) History: Sec. 36-142ff transferred to Sec. 36a-197 in 1995.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.