2005 Connecticut Code - Sec. 13a-187. Terms of bonds. Sale.
Sec. 13a-187. Terms of bonds. Sale. (a) All of said securities of any such series
shall be payable at such place or places as may be determined by the Treasurer pursuant
to section 3-19 and shall bear such date or dates, mature at such time or times not
exceeding twenty years from their respective dates, bear interest at such rate or different
or varying rates and payable at such time or times, be in such denominations, be in such
form with or without interest coupons attached, carry such registration, conversion and
transfer privileges, be payable in such medium of payment and be subject to such terms
of redemption with or without premium as, irrespective of the provisions of section 3-20, may be provided in the determination authorizing the same or fixed in accordance
therewith.
(1961, P.A. 605, S. 6, 7; 1963, P.A. 226, S. 187; February, 1965, P.A. 325, S. 4; P.A. 73-675, S. 28, 44; P.A. 75-568, S. 22, 45; P.A. 85-613, S. 110, 154.)
History: 1963 act restated previous provisions: See title history; 1965 act changed maturity date reference in Subsec. (a) from "July 1, 1971" to "twenty years from their respective dates"; P.A. 73-675 replaced highway fund with transportation fund; P.A. 75-568 replaced transportation fund with special fund; P.A. 85-613 made technical changes, substituting references to Sec. 13a-197 for references to Sec. 13a-198.
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