Connecticut Statutes

§ 7-372 — Issuing of bonds by beach associations and similar subdivisions.

Connecticut·Title 7 Municipalities·Ch. 109 Municipal Bond Issues
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.

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Connecticut § 7-372 (Issuing of bonds by beach associations and similar subdivisions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(1949 Rev., S. 805.)

Nearby Sections

15
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