2009 Connecticut Code
Title 7 Municipalities
Chapter 108 Municipal Reserve Fund
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".

      (1949 Rev., S. 793.)

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