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  • Introduced
    Feb 06, 2025
  • Passed Senate
  • Passed House
  • Signed into Law
SB 1256
Connecticut Senate Bill
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AN ACT CONCERNING THE ORGANIZATION, ADMINISTRATION AND RECEIVERSHIP OF CERTAIN FINANCIAL INSTITUTIONS. To: (1) Increase the fee for investigating and processing an application for the organization of a Connecticut bank; (2) eliminate a factor considered in determining whether the public will be served to advantage by the establishment of a proposed Connecticut bank; (3) increase the amount of assets on deposit that trust banks and innovation banks are required to keep; (4) eliminate a factor considered in determining whether to approve the relocation of a Connecticut bank's main office; (5) reduce the period of time during which written objections may be made to an application made by a bank or association for permission to change its name; and (6) modify the duty of a receiver for a Connecticut bank or Connecticut credit union.
Last Action See all actions
Senate • Feb 07, 2025: Public Hearing 02/13
Latest Bill Text See all bill texts

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Actions
  • Feb 07, 2025 | Senate
    • Public Hearing 02/13
  • Feb 06, 2025 | Senate
    • Referred to Joint Committee on Banking
Bill Texts