There Is a Newer Version of the Connecticut General Statutes
2005 Connecticut Code - Sec. 7-360. Creation of fund.
Sec. 7-360. Creation of fund. Upon the recommendation and approval of the budget-making authority, the legislative body of any municipality, by a majority vote, may
create a reserve fund for capital and nonrecurring expenditures. Such fund shall thereafter be termed "reserve fund for capital and nonrecurring expenditures".
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