The commissioner may consider the community reinvestment performance of a community credit union in connection with (1) an approval of an amendment to the certificate of incorporation pursuant to subsection (g) of section 36a-437a ; (2) an approval of an expansion of its field of membership pursuant to subsection (c) of section 36a-438a ; and (3) an approval of a merger pursuant to section 36a-468a . The commissioner may withhold approval of or condition an issuance of approval of such amendment, expansion or merger pursuant to this section.
Conn. Gen. Stat. § 36a-37d
Community reinvestment performance; effects in connection with certain approvals
(P.A. 01-9, S. 6, 11; P.A. 02-73, S. 81; P.A. 03-84, S. 42.) History: P.A. 01-9 effective July 1, 2001; P.A. 02-73 changed “certificate of organization” to “certificate of incor…
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.