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Conn. Gen. Stat. § 36a-3

Other defined terms

(P.A. 94-122, S. 3, 340; P.A. 95-49, S. 1; 95-129, S. 1; 95-155, S. 3, 29; 95-253, S. 11, 19; P.A. 96-44, S. 8; P.A. 97-160, S. 2, 7; 97-209, S. 1, 6; P.A. 98-192, S. 1; P.A. 99…

Other definitions applying to this title or to specified parts thereof and the sections in which they appear are:

“Account”. Sections 36a-155 and 36a-365 .

“Additional proceeds”. Section 36a-746e .

“Administrative expense”. Section 36a-237 .

“Advance fee”. Sections 36a-485 and 36a-615 .

“Advertise”, “advertisement” or “advertising”. Sections 36a-485 , 36a-535 , 36a-586 , 36a-596 , 36a-655 , 36a-671 and 36a-846 .

“Agency bank”. Section 36a-285 .

“Agent”. Section 36a-494 .

“Alternative mortgage loan”. Section 36a-265 .

“Amount financed”. Section 36a-690 .

“Annual percentage rate”. Section 36a-690 .

“Annual percentage yield”. Section 36a-316 .

“Annuities”. Section 36a-455a .

“Applicant”. Section 36a-736 .

“APR”. Section 36a-746a .

“Assessment area”. Section 36a-37 .

“Assets”. Section 36a-70 .

“Associate”. Section 36a-184 .

“Associated member”. Section 36a-458a .

“Authorized delegate”. Section 36a-596 .

“Bank”. Section 36a-30 .

“Bankers' bank”. Section 36a-70 .

“Banking business”. Section 36a-425 .

“Basic services”. Section 36a-437a .

“Billing cycle”. Section 36a-565 .

“Bona fide nonprofit organization”. Sections 36a-487 and 36a-655 .

“Branch”. Sections 36a-145 , 36a-410 and 36a-435b .

“Branch office”. Sections 36a-485 and 36a-715 .

“Branch or agency net payment entitlement”. Section 36a-428n .

“Branch or agency net payment obligation”. Section 36a-428n .

“Broker”. Section 36a-746a .

“Business and industrial development corporation”. Section 36a-626 .

“Business and property in this state”. Section 36a-428n .

“Capital”. Section 36a-435b .

“Cash advance”. Section 36a-564 .

“Cash price”. Section 36a-770 .

“Certificate of incorporation”. Section 36a-435b .

“CHFA loan”. Section 36a-760 .

“Clerical or support duties”. Section 36a-485 .

“Closely related activities”. Sections 36a-250 and 36a-455a .

“Collective managing agency account”. Section 36a-365 .

“Commercial vehicle”. Section 36a-770 .

“Community bank”. Section 36a-70 .

“Community credit union”. Section 36a-37 .

“Community development bank”. Section 36a-70 .

“Community reinvestment performance”. Section 36a-37 .

“Connecticut holding company”. Sections 36a-53 and 36a-410 .

“Consolidate”. Section 36a-145 .

“Construction loan”. Section 36a-458a .

“Consumer”. Sections 36a-155 and 36a-695 .

“Consumer Credit Protection Act”. Section 36a-676 .

“Consumer debtor” and “debtor”. Sections 36a-645 and 36a-800 .

“Consumer collection agency”. Section 36a-800 .

“Consummation”. Section 36a-746a .

“Control person”. Sections 36a-485 , 36a-535 , 36a-580 , 36a-596 , 36a-655 , 36a-671 and 36a-846 .

“Controlling interest”. Section 36a-276 .

“Conventional mortgage rate”. Section 36a-760 .

“Corporate”. Section 36a-435b .

“Credit”. Section 36a-645 .

“Credit manager”. Section 36a-435b .

“Creditor”. Sections 36a-676 , 36a-695 and 36a-800 .

“Credit clinic”. Section 36a-700 .

“Credit rating agency”. Section 36a-695 .

“Credit report”. Section 36a-695 .

“Credit union service organization”. Section 36a-435b .

“Credit union service organization services”. Section 36a-435b .

“De novo branch”. Section 36a-410 .

“Debt”. Section 36a-645 .

“Debt adjustment”. Section 36a-655 .

“Debt buying”. Section 36a-800 .

“Debt mutual fund”. Sections 36a-275 and 36a-459a .

“Debt negotiation”. Section 36a-671 .

“Debt securities”. Sections 36a-275 and 36a-459a .

“Debtor”. Sections 36a-655 and 36a-671 .

“Deliver”. Section 36a-316 .

“Deposit”. Section 36a-316 .

“Deposit account”. Section 36a-316 .

“Deposit account charge”. Section 36a-316 .

“Deposit account disclosures”. Section 36a-316 .

“Deposit contract”. Section 36a-316 .

“Deposit services”. Section 36a-425 .

“Depositor”. Section 36a-316 .

“Depository institution”. Section 36a-485 .

“Derivative transaction”. Section 36a-262 .

“Director”. Section 36a-435b .

“Dwelling”. Section 36a-485 .

“Earning period”. Section 36a-316 .

“Electronic payment instrument”. Section 36a-596 .

“Eligible collateral”. Section 36a-330 .

“Eligible entity”. Section 36a-34 .

“Employee”. Section 36a-485 .

“Entity”. Section 36a-380 .

“Equity mutual fund”. Sections 36a-276 and 36a-459a .

“Equity security”. Sections 36a-276 and 36a-459a .

“Executive officer”. Sections 36a-263 and 36a-469c .

“Expedited Connecticut bank”. Section 36a-70 .

“Experience in the mortgage business”. Section 36a-488 .

“Federal banking agency”. Section 36a-485 .

“Federal Credit Union Act”. Section 36a-435b .

“Federal Home Mortgage Disclosure Act”. Section 36a-736 .

“FHA loan”. Section 36a-760 .

“Fiduciary”. Section 36a-365 .

“Filing fee”. Section 36a-770 .

“Finance charge”. Sections 36a-690 and 36a-770 .

“Financial institution”. Sections 36a-41 , 36a-44a , 36a-155 , 36a-316 , 36a-330 , 36a-435b , 36a-736 and 36a-755 .

“Financial records”. Section 36a-41 .

“First mortgage loan”. Sections 36a-485 , 36a-705 and 36a-725 .

“Foreclosure rescue services”. Section 36a-671 .

“Foreign banking corporation”. Section 36a-425 .

“Fully indexed rate”. Section 36a-760b .

“General facility”. Section 36a-580 .

“Global net payment entitlement”. Section 36a-428n .

“Global net payment obligation”. Section 36a-428n .

“Goods”. Sections 36a-535 and 36a-770 .

“Graduated payment mortgage loan”. Section 36a-265 .

“Guardian”. Section 36a-365 .

“High cost home loan”. Section 36a-746a .

“Holder”. Section 36a-596 .

“Home improvement loan”. Section 36a-736 .

“Home purchase loan”. Section 36a-736 .

“Home state”. Section 36a-410 .

“Housing finance agency”. Section 36a-487 .

“Immediate family member”. Sections 36a-435b and 36a-485 .

“Independent contractor”. Section 36a-485 .

“Individual”. Section 36a-485 .

“Insider”. Section 36a-454b .

“Installment loan contract”. Sections 36a-535 and 36a-770 .

“Insurance”. Section 36a-455a .

“Insurance bank”. Section 36a-285 .

“Insurance department”. Section 36a-285 .

“Interest”. Section 36a-316 .

“Interest rate”. Section 36a-316 .

“Interim interest”. Section 36a-746a .

“Investments”. Section 36a-602 .

“Lender”. Sections 36a-746a , 36a-760 and 36a-770 .

“Lessor”. Section 36a-676 .

“License”. Section 36a-626 .

“Licensee”. Sections 36a-596 , 36a-607 and 36a-626 .

“Limited branch”. Section 36a-145 .

“Limited facility”. Section 36a-580 .

“Loan broker”. Section 36a-615 .

“Loan processor or underwriter”. Section 36a-485 .

“Loss”. Section 36a-330 .

“Made in this state”. Section 36a-770 .

“Main office”. Section 36a-485 .

“Managing agent”. Section 36a-365 .

“Manufactured home”. Section 36a-457b .

“Member”. Section 36a-435b .

“Member business loan”. Section 36a-458a .

“Member in good standing”. Section 36a-435b .

“Membership share”. Section 36a-435b .

“Mobile branch”. Sections 36a-145 and 36a-435b .

“Monetary value”. Section 36a-596 .

“Money transmission”. Section 36a-596 .

“Mortgage”. Section 36a-760g .

“Mortgage broker”. Sections 36a-485 , 36a-705 and 36a-760 .

“Mortgage correspondent lender”. Section 36a-485 .

“Mortgage insurance”. Section 36a-725 .

“Mortgage lender”. Sections 36a-485 , 36a-705 and 36a-725 .

“Mortgage loan”. Sections 36a-261 , 36a-265 , 36a-457b and 36a-736 .

“Mortgage loan originator”. Section 36a-485 .

“Mortgage rate lock-in”. Section 36a-705 .

“Mortgage servicer”. Section 36a-715t .

“Mortgagee”. Sections 36a-671 and 36a-715 .

“Mortgagor”. Sections 36a-671 and 36a-715 .

“Motor vehicle”. Section 36a-770 .

“Multiple common bond membership”. Section 36a-435b .

“Municipality”. Section 36a-800 .

“Net outstanding member business loan balance”. Section 36a-458a .

“Net worth”. Sections 36a-441a and 36a-458a .

“Network”. Section 36a-155 .

“Nonprime home loan”. Section 36a-760 .

“Nonrefundable”. Section 36a-498 .

“Nontraditional mortgage product”. Section 36a-489a .

“Note account”. Sections 36a-301 and 36a-456b .

“Office”. Sections 36a-23 , 36a-316 and 36a-485 .

“Officer”. Section 36a-435b .

“Open-end line of credit”. Section 36a-760 .

“Open-end loan”. Section 36a-565 .

“Organization”. Section 36a-800 .

“Out-of-state holding company”. Section 36a-410 .

“Outstanding”. Section 36a-596 .

“Passbook savings account”. Section 36a-316 .

“Payment instrument”. Section 36a-596 .

“Periodic statement”. Section 36a-316 .

“Permissible investment”. Section 36a-596 .

“Person”. Sections 36a-184 and 36a-485 .

“Post”. Section 36a-316 .

“Prepaid finance charge”. Section 36a-746a .

“Prime quality”. Section 36a-596 .

“Principal amount of the loan”. Section 36a-485 .

“Processor”. Section 36a-155 .

“Public deposit”. Section 36a-330 .

“Purchaser”. Section 36a-596 .

“Qualified financial contract”. Section 36a-428n .

“Qualified public depository” and “depository”. Section 36a-330 .

“Real estate”. Section 36a-457b .

“Real estate brokerage activity”. Section 36a-485 .

“Records”. Section 36a-17 .

“Registered mortgage loan originator”. Section 36a-485 .

“Related person”. Section 36a-53 .

“Relocate”. Sections 36a-145 and 36a-462a .

“Residential mortgage loan”. Section 36a-485 .

“Residential property”. Section 36a-671 .

“Residential real estate”. Section 36a-485 .

“Resulting entity”. Section 36a-34 .

“Retail buyer”. Sections 36a-535 and 36a-770 .

“Retail credit transaction”. Section 42-100b .

“Retail installment contract”. Sections 36a-535 and 36a-770 .

“Retail installment sale”. Sections 36a-535 and 36a-770 .

“Retail seller”. Sections 36a-535 and 36a-770 .

“Reverse annuity mortgage loan”. Section 36a-265 .

“Sales finance company”. Sections 36a-535 and 36a-770 .

“Savings department”. Section 36a-285 .

“Savings deposit”. Section 36a-316 .

“Secondary mortgage loan”. Section 36a-485 .

“Security convertible into a voting security”. Section 36a-184 .

“Senior management”. Section 36a-435b .

“Servicing”. Section 36a-846 .

“Settlement agent”. Section 36a-494 .

“Share”. Section 36a-435b .

“Short sale”. Section 36a-671 .

“Simulated check”. Section 36a-485 .

“Single common bond membership”. Section 36a-435b .

“Special mortgage”. Section 36a-760c .

“Social purpose investment”. Section 36a-277 .

“Sponsored”. Section 36a-485 .

“Standard mortgage loan”. Section 36a-265 .

“Stored value”. Section 36a-596 .

“Student education loan”. Section 36a-846 .

“Student loan borrower”. Section 36a-846 .

“Student loan servicer”. Section 36a-846 .

“Table funding agreement”. Section 36a-485 .

“Tax and loan account”. Sections 36a-301 and 36a-456b .

“The Savings Bank Life Insurance Company”. Section 36a-285 .

“Time account”. Section 36a-316 .

“Travelers check”. Section 36a-596 .

“Troubled Connecticut credit union”. Section 36a-448a .

“Unique identifier”. Section 36a-485 .

“Unsecured loan”. Section 36a-615 .

“Value”. Section 36a-603 .

“Virtual banking”. Section 36a-170 .

“Warehouse agreement”. Section 36a-485 .

Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.