2012 Connecticut General Statutes
Title 7 - Municipalities
Chapter 109 - Municipal Bond Issues
Section 7-372 - Issuing of bonds by beach associations and similar subdivisions.


CT Gen Stat § 7-372 (2012) What's This?

No beach association, or any other subdivision of any town, city or borough of a similar nature, wherein more than fifty per cent of the property owners are nonresidents, shall issue bonds pledging the security of such association therefor, except with the consent of the town, city or borough in which such association is situated. The provisions of this section shall not apply to any school, sewer or fire district.

(1949 Rev., S. 805.)

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