Section 36a-136-31 - Purchase preference for persons in the local community(a) In its subscription offering, the converting institution may give purchase preference to eligible account holders, supplemental eligible account holders and, in the case of a mutual savings and loan association, other depositors residing in its local community.(b) In its community offering, the converting institution shall give a purchase preference to natural persons residing in its local community.Conn. Agencies Regs. § 36a-136-31
Adopted effective September 7, 2007