Sec. 49-2b. (Formerly Sec. 37-10). Interest on escrow accounts; regulations of Banking Commissioner.
45 words·~1 min read·
/ct/title-49/chapter-846-mortgages/49-2bA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Banking Commissioner shall adopt such regulations, in accordance with chapter 54, as are necessary to carry out the provisions of section 49-2a and shall specify the form mortgagees may use to report to mortgagors the interest due under the provisions of section 49-2a .