Bill Text: CT HB05071 | 2012 | General Assembly | Comm Sub

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Bill Title: An Act Concerning Secured And Unsecured Lending.

Spectrum: Committee Bill

Status: (Introduced - Dead) 2012-03-29 - File Number 168 [HB05071 Detail]

Download: Connecticut-2012-HB05071-Comm_Sub.html

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General Assembly		Raised Bill No. 5071
February Session, 2012		LCO No. 835
		*_____HB05071BA____031612____*
Referred to Committee on Banks
Introduced by:
(BA)

AN ACT CONCERNING SECURED AND UNSECURED LENDING.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. Subdivision (21) of subsection (a) of section 36a-250 of the 2012 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2012):

(21) Make secured and unsecured loans and issue letters of credit, [as authorized by and subject to section 36a-260] except as otherwise expressly limited by sections 36a-261 to 36a-265, inclusive.

Sec. 2. Section 36a-260 of the general statutes is repealed. (Effective October 1, 2012)

This act shall take effect as follows and shall amend the following sections:
Section 1	October 1, 2012	36a-250(a)(21)
Sec. 2	October 1, 2012	Repealer section

BA

Joint Favorable