Conn. Agencies Regs. § 36a-136-25

Current through October 16, 2024
Section 36a-136-25 - Officers and directors and their associates as eligible account holders

Officers and directors of the converting institution and their associates may be eligible account holders, provided if an officer or director or his or her associate receives subscription rights based on increased deposits in the year before the eligibility record date, the converting institution shall subordinate subscription rights for such deposits to subscription rights exercised by other eligible account holders.

Conn. Agencies Regs. § 36a-136-25

Adopted effective September 7, 2007