Connecticut Statutes
§ 3-45 — Loans and appraisals.
Connecticut § 3-45
This text of Connecticut § 3-45 (Loans and appraisals.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Conn. Gen. Stat. § 3-45 (2026).
Text
No loan shall be made from the School Fund or the Agricultural College Fund on a mortgage of real estate, unless the security is unencumbered and worth double the amount loaned, except that loans may be made on residential property in any case where the security is worth at least fifty per cent more than the amount loaned. No loan shall be made from said funds upon real estate security until after the security has been appraised by at least two qualified appraisers appointed by the Treasurer, one of whom shall be a resident of the town where such real estate is situated, and the Treasurer or his clerk has made a personal examination of the same. The appraisers shall take the oath hereinafter provided, and their appraisal, in the form prescribed by the Treasurer, shall be placed on file in
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
(1949 Rev., S. 137; 1957, P.A. 506, S. 3.)
Nearby Sections
15
§ 3-100
Names of streams.§ 3-105
Arms of the state.§ 3-106
Seal.§ 3-106a
Reproduction of arms and seal.§ 3-107
State flag.§ 3-108
State flower.§ 3-108a
Children's state flower.§ 3-109
State bird.§ 3-109a
State animal.§ 3-109b
State insect.§ 3-109c
State shellfish.§ 3-109d
State fish.§ 3-109e
State dog.Cite This Page — Counsel Stack
Bluebook (online)
Connecticut § 3-45, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/3-45.