Sec.36a-136-36. Rights of depositors of the converted institution  


Latest version.
  • (a) Each depositor shall have, without payment, a withdrawable deposit account or accounts in the same amount and under the same terms and conditions as their accounts before the conversion.

    (b) The converted institution shall provide a liquidation account for each eligible account holder and supplemental eligible account holder under section 36a-136-37 of the Regulations of Connecticut State Agencies.

(Adopted effective September 7, 2007)