Bill Text: CT SB00886 | 2015 | General Assembly | Introduced
Bill Title: An Act Concerning The Payment Of Mortgage Loan Proceeds By Wire Transfer.
Spectrum: Committee Bill
Status: (Introduced - Dead) 2015-03-13 - Favorable Change of Reference, House to Committee on Judiciary [SB00886 Detail]
Download: Connecticut-2015-SB00886-Introduced.html
General Assembly |
Raised Bill No. 886 | ||
January Session, 2015 |
LCO No. 3200 | ||
*03200_______BA_* | |||
Referred to Committee on BANKING |
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Introduced by: |
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(BA) |
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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 Subdivision (21) of subsection (a) of section 36a-250 of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2015):
(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 Section 36a-260 of the general statutes is repealed.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, 2015)
This act shall take effect as follows and shall amend the following sections: | ||
Section 1 |
October 1, 2015 |
36a-250(a)(21) |
Sec. 2 |
October 1, 2015 |
Repealer section |
Statement of Purpose:
To repeal a duplicate provision in the general statutes.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]