Sec. 36a-44a. Customer protections. Compliance with Gramm-Leach-Bliley Financial Modernization Act.
Sec. 36a-44a. Customer protections. Compliance with Gramm-Leach-Bliley
Financial Modernization Act. Each financial institution that is a bank, Connecticut
credit union, federal credit union, an out-of-state bank that maintains a branch in this
state, an out-of-state trust company or out-of-state credit union that maintains an office
in this state, a licensee under this title or any person subject to the jurisdiction of the
commissioner under title 36b shall comply with all provisions of Subtitle A of Title V
of the Gramm-Leach-Bliley Financial Modernization Act of 1999, 15 USC 6801 et
seq., and the regulations promulgated thereunder that apply to such financial institution,
except to the extent that this section is inconsistent with the provisions of sections 36a-41 to 36a-44, inclusive, in which case the provisions that afford the customer greater
protection shall control. For purposes of this section, "financial institution" has the
meaning given to that term in Section 509 of the Gramm-Leach-Bliley Financial Modernization Act of 1999, 15 USC 6809, and the regulations promulgated thereunder.
(P.A. 01-76, S. 3, 5; P.A. 03-84, S. 79.)
History: P.A. 01-76 effective July 1, 2001; P.A. 03-84 changed "Commissioner of Banking" to "commissioner", effective June 3, 2003.