Connecticut § 4b-37 (Formerly Sec. 4-128c). Terms of option to buy in lease agreement.

Connecticut Statutes

§ 4b-37 — (Formerly Sec. 4-128c). Terms of option to buy in lease agreement.

Connecticut § 4b-37

Title 4bState Real Property

This text of Connecticut § 4b-37 ((Formerly Sec. 4-128c). Terms of option to buy in lease agreement.) 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. § 4b-37 (2026).

Text

In any lease entered into pursuant to sections 4b-35 to 4b-39, inclusive, which grant the state an option to buy where the option price is to be paid in installments over a stated period of time, such installments shall be described in the lease so as to identify clearly those portions of the installments which represent interest, taxes or any other item the identification of which will promote the most economical and advantageous terms to the state.

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In any lease entered into pursuant to sections 4b-35 to 4b-39, inclusive, which grant the state an option to buy where the option price is to be paid in installments over a stated period of time, such installments shall be described in the lease so as to identify clearly those portions of the installments which represent interest, taxes or any other item the identification of which will promote the most economical and advantageous terms to the state.