Other definitions applying to this title or to specified parts thereof and the sections in which they appear are:

Terms Used In Connecticut General Statutes 36a-3

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Bank: means a Connecticut bank or a federal bank. See Connecticut General Statutes 36a-2
  • Loan: includes any line of credit or other extension of credit. See Connecticut General Statutes 36a-2
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • Mutual: when used in conjunction with any institution that is a bank or out-of-state bank means any such institution without capital stock. See Connecticut General Statutes 36a-2

“Account”. Sections 36a-155 and 36a-365.

“Additional proceeds”. § 36a-746e.

“Administrative expense”. § 36a-237.

“Advance fee”. Sections 36a-485 and 36a-615.

“Advertise”, “advertisement” or “advertising”. Sections 36a-485, 36a-535, 36a-586, 36a-596, 36a-655, 36a-671 and 36a-846.

“Agency bank”. § 36a-285.

“Agent”. § 36a-494.

“Alternative mortgage loan”. § 36a-265.

“Amount financed”. § 36a-690.

“Annual percentage rate”. § 36a-690.

“Annual percentage yield”. § 36a-316.

“Annuities”. § 36a-455a.

“Applicant”. § 36a-736.

“APR”. § 36a-746a.

“Assessment area”. § 36a-37.

“Assets”. § 36a-70.

“Associate”. § 36a-184.

“Associated member”. § 36a-458a.

“Authorized delegate”. § 36a-596.

“Bank”. § 36a-30.

“Bankers’ bank”. § 36a-70.

“Banking business”. § 36a-425.

“Basic services”. § 36a-437a.

“Billing cycle”. § 36a-565.

“Bona fide nonprofit organization”. Sections 36a-487 and 36a-655.

“Branch”. Sections 36a-145, 36a-410 and 36a-435b.

“Branch office”. Sections 36a-485 and 36a-715.

“Branch or agency net payment entitlement”. § 36a-428n.

“Branch or agency net payment obligation”. § 36a-428n.

“Broker”. § 36a-746a.

“Business and industrial development corporation”. § 36a-626.

“Business and property in this state”. § 36a-428n.

“Capital”. § 36a-435b.

“Cash advance”. § 36a-564.

“Cash price”. § 36a-770.

“Certificate of incorporation”. § 36a-435b.

“CHFA loan”. § 36a-760.

“Clerical or support duties”. § 36a-485.

“Closely related activities”. Sections 36a-250 and 36a-455a.

“Collective managing agency account”. § 36a-365.

“Commercial vehicle”. § 36a-770.

“Community bank”. § 36a-70.

“Community credit union”. § 36a-37.

“Community development bank”. § 36a-70.

“Community reinvestment performance”. § 36a-37.

“Connecticut holding company”. Sections 36a-53 and 36a-410.

“Consolidate”. § 36a-145.

“Construction loan”. § 36a-458a.

“Consumer”. Sections 36a-155 and 36a-695.

“Consumer Credit Protection Act”. § 36a-676.

“Consumer debtor” and “debtor”. Sections 36a-645 and 36a-800.

“Consumer collection agency”. § 36a-800.

“Consummation”. § 36a-746a.

“Control person”. Sections 36a-485, 36a-535, 36a-580, 36a-596, 36a-655, 36a-671 and 36a-846.

“Controlling interest”. § 36a-276.

“Conventional mortgage rate”. § 36a-760.

“Corporate”. § 36a-435b.

“Credit”. § 36a-645.

“Credit manager”. § 36a-435b.

“Creditor”. Sections 36a-676, 36a-695 and 36a-800.

“Credit clinic”. § 36a-700.

“Credit rating agency”. § 36a-695.

“Credit report”. § 36a-695.

“Credit union service organization”. § 36a-435b.

“Credit union service organization services”. § 36a-435b.

“De novo branch”. § 36a-410.

“Debt”. § 36a-645.

“Debt adjustment”. § 36a-655.

“Debt buying”. § 36a-800.

“Debt mutual fund”. Sections 36a-275 and 36a-459a.

“Debt negotiation”. § 36a-671.

“Debt securities”. Sections 36a-275 and 36a-459a.

“Debtor”. Sections 36a-655 and 36a-671.

“Deliver”. § 36a-316.

“Deposit”. § 36a-316.

“Deposit account”. § 36a-316.

“Deposit account charge”. § 36a-316.

“Deposit account disclosures”. § 36a-316.

“Deposit contract”. § 36a-316.

“Deposit services”. § 36a-425.

“Depositor”. § 36a-316.

“Depository institution”. § 36a-485.

“Derivative transaction”. § 36a-262.

“Director”. § 36a-435b.

“Dwelling”. § 36a-485.

“Earning period”. § 36a-316.

“Electronic payment instrument”. § 36a-596.

“Eligible collateral”. § 36a-330.

“Eligible entity”. § 36a-34.

“Employee”. § 36a-485.

“Entity”. § 36a-380.

“Equity mutual fund”. Sections 36a-276 and 36a-459a.

“Equity security”. Sections 36a-276 and 36a-459a.

“Executive officer”. Sections 36a-263 and 36a-469c.

“Expedited Connecticut bank”. § 36a-70.

“Experience in the mortgage business”. § 36a-488.

“Federal banking agency”. § 36a-485.

“Federal Credit Union Act”. § 36a-435b.

“Federal Home Mortgage Disclosure Act”. § 36a-736.

“FHA loan”. § 36a-760.

“Fiduciary”. § 36a-365.

“Filing fee”. § 36a-770.

“Finance charge”. Sections 36a-690 and 36a-770.

“Financial institution”. Sections 36a-41, 36a-44a, 36a-155, 36a-316, 36a-330, 36a-435b, 36a-736 and 36a-755.

“Financial records”. § 36a-41.

“First mortgage loan”. Sections 36a-485, 36a-705 and 36a-725.

“Foreclosure rescue services”. § 36a-671.

“Foreign banking corporation”. § 36a-425.

“Fully indexed rate”. § 36a-760b.

“General facility”. § 36a-580.

“Global net payment entitlement”. § 36a-428n.

“Global net payment obligation”. § 36a-428n.

“Goods”. Sections 36a-535 and 36a-770.

“Graduated payment mortgage loan”. § 36a-265.

“Guardian”. § 36a-365.

“High cost home loan”. § 36a-746a.

“Holder”. § 36a-596.

“Home improvement loan”. § 36a-736.

“Home purchase loan”. § 36a-736.

“Home state”. § 36a-410.

“Housing finance agency”. § 36a-487.

“Immediate family member”. Sections 36a-435b and 36a-485.

“Independent contractor”. § 36a-485.

“Individual”. § 36a-485.

“Insider”. § 36a-454b.

“Installment loan contract”. Sections 36a-535 and 36a-770.

“Insurance”. § 36a-455a.

“Insurance bank”. § 36a-285.

“Insurance department”. § 36a-285.

“Interest”. § 36a-316.

“Interest rate”. § 36a-316.

“Interim interest”. § 36a-746a.

“Investments”. § 36a-602.

“Lender”. Sections 36a-746a, 36a-760 and 36a-770.

“Lessor”. § 36a-676.

“License”. § 36a-626.

“Licensee”. Sections 36a-596, 36a-607 and 36a-626.

“Limited branch”. § 36a-145.

“Limited facility”. § 36a-580.

“Loan broker”. § 36a-615.

“Loan processor or underwriter”. § 36a-485.

“Loss”. § 36a-330.

“Made in this state”. § 36a-770.

“Main office”. § 36a-485.

“Managing agent”. § 36a-365.

“Manufactured home”. § 36a-457b.

“Member”. § 36a-435b.

“Member business loan”. § 36a-458a.

“Member in good standing”. § 36a-435b.

“Membership share”. § 36a-435b.

“Mobile branch”. Sections 36a-145 and 36a-435b.

“Monetary value”. § 36a-596.

“Money transmission”. § 36a-596.

“Mortgage”. § 36a-760g.

“Mortgage broker”. Sections 36a-485, 36a-705 and 36a-760.

“Mortgage correspondent lender”. § 36a-485.

“Mortgage insurance”. § 36a-725.

“Mortgage lender”. Sections 36a-485, 36a-705 and 36a-725.

“Mortgage loan”. Sections 36a-261, 36a-265, 36a-457b and 36a-736.

“Mortgage loan originator”. § 36a-485.

“Mortgage rate lock-in”. § 36a-705.

“Mortgage servicer”. § 36a-715t.

“Mortgagee”. Sections 36a-671 and 36a-715.

“Mortgagor”. Sections 36a-671 and 36a-715.

“Motor vehicle”. § 36a-770.

“Multiple common bond membership”. § 36a-435b.

“Municipality”. § 36a-800.

“Net outstanding member business loan balance”. § 36a-458a.

“Net worth”. Sections 36a-441a and 36a-458a.

“Network”. § 36a-155.

“Nonprime home loan”. § 36a-760.

“Nonrefundable”. § 36a-498.

“Nontraditional mortgage product”. § 36a-489a.

“Note account”. Sections 36a-301 and 36a-456b.

“Office”. Sections 36a-23, 36a-316 and 36a-485.

“Officer”. § 36a-435b.

“Open-end line of credit”. § 36a-760.

“Open-end loan”. § 36a-565.

“Organization”. § 36a-800.

“Out-of-state holding company”. § 36a-410.

“Outstanding”. § 36a-596.

“Passbook savings account”. § 36a-316.

“Payment instrument”. § 36a-596.

“Periodic statement”. § 36a-316.

“Permissible investment”. § 36a-596.

“Person”. Sections 36a-184 and 36a-485.

“Post”. § 36a-316.

“Prepaid finance charge”. § 36a-746a.

“Prime quality”. § 36a-596.

“Principal amount of the loan”. § 36a-485.

“Processor”. § 36a-155.

“Public deposit”. § 36a-330.

“Purchaser”. § 36a-596.

“Qualified financial contract”. § 36a-428n.

“Qualified public depository” and “depository”. § 36a-330.

“Real estate”. § 36a-457b.

“Real estate brokerage activity”. § 36a-485.

“Records”. § 36a-17.

“Registered mortgage loan originator”. § 36a-485.

“Related person”. § 36a-53.

“Relocate”. Sections 36a-145 and 36a-462a.

“Residential mortgage loan”. § 36a-485.

“Residential property”. § 36a-671.

“Residential real estate”. § 36a-485.

“Resulting entity”. § 36a-34.

“Retail buyer”. Sections 36a-535 and 36a-770.

“Retail credit transaction”. § 42-100b.

“Retail installment contract”. Sections 36a-535 and 36a-770.

“Retail installment sale”. Sections 36a-535 and 36a-770.

“Retail seller”. Sections 36a-535 and 36a-770.

“Reverse annuity mortgage loan”. § 36a-265.

“Sales finance company”. Sections 36a-535 and 36a-770.

“Savings department”. § 36a-285.

“Savings deposit”. § 36a-316.

“Secondary mortgage loan”. § 36a-485.

“Security convertible into a voting security”. § 36a-184.

“Senior management”. § 36a-435b.

“Servicing”. § 36a-846.

“Settlement agent”. § 36a-494.

“Share”. § 36a-435b.

“Short sale”. § 36a-671.

“Simulated check”. § 36a-485.

“Single common bond membership”. § 36a-435b.

“Special mortgage”. § 36a-760c.

“Social purpose investment”. § 36a-277.

“Sponsored”. § 36a-485.

“Standard mortgage loan”. § 36a-265.

“Stored value”. § 36a-596.

“Student education loan”. § 36a-846.

“Student loan borrower”. § 36a-846.

“Student loan servicer”. § 36a-846.

“Table funding agreement”. § 36a-485.

“Tax and loan account”. Sections 36a-301 and 36a-456b.

“The Savings Bank Life Insurance Company”. § 36a-285.

“Time account”. § 36a-316.

“Travelers check”. § 36a-596.

“Troubled Connecticut credit union”. § 36a-448a.

“Unique identifier”. § 36a-485.

“Unsecured loan”. § 36a-615.

“Value”. § 36a-603.

“Virtual banking”. § 36a-170.

“Warehouse agreement”. § 36a-485.