Sec. 36a-463a. Audit report and net worth restoration plan by out-of-state, state-chartered or federally-chartered credit union that maintains branch in this state.
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/ct/title-36a/chapter-667-credit-unions/36a-463a·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The commissioner may require any out-of-state, state-chartered or federally-chartered credit union that maintains a branch in this state pursuant to section 36a-462b , to submit an annual audit report to the commissioner.
(b)An out-of-state, state-chartered or federally-chartered credit union that maintains a branch in this state that is required under federal law to submit a net worth restoration plan to the board of the National Credit Union Administration shall simultaneously submit an executed copy of such plan to the commissioner.