No bank or out-of-state bank shall, in connection with any application for a mortgage loan in this state which is secured by mortgage on residential real estate located in this state, require any prospective mortgagor to obtain by purchase or otherwise an owner's title insurance policy as a condition for the granting of such mortgage.
Conn. Gen. Stat. § 36a-756
(Formerly Sec. 36-9t). Title insurance as condition of mortgage on residential real estate prohibited
(P.A. 83-61; P.A. 94-122, S. 335, 340.) History: P.A. 94-122 made a technical change, effective January 1, 1995; Sec. 36-9t transferred to Sec. 36a-756 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.