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Conn. Gen. Stat. § 36a-741

(Formerly Sec. 36-451). Cease and desist order. Enforcement action

(P.A. 77-153, S. 9; P.A. 94-122, S. 319, 340.) History: P.A. 94-122 deleted the provision making financial institutions which violate cease and desist orders subject to a $5,000…

(a) If the commissioner finds that a financial institution is violating the provisions of sections 36a-735 to 36a-744 , inclusive, the commissioner shall order the institution to cease and desist from such practices in accordance with section 36a-52 .

(b) Whenever it appears to the commissioner that any financial institution has violated, is violating or is about to violate any provision of sections 36a-735 to 36a-744 , inclusive, or any regulation adopted under said sections, the commissioner may take action against such financial institution in accordance with section 36a-50 .

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