Conn. Gen. Stat. § 36a-71
Current with legislation from the 2024 Regular and Special Sessions.
The right of any Connecticut bank to conduct the business for which it was organized shall not be transferable. This right shall be forfeited when such bank voluntarily ceases to conduct the business for which it was organized. The provisions of this section shall not affect a Connecticut bank which becomes a federal bank and which has continued the business for which it was organized without voluntary interruption.
Conn. Gen. Stat. § 36a-71
(1949, Rev., S. 5779; P.A. 94-122, S. 36, 340.)