Connecticut § 7-479s Municipal Liability Trust Fund. Purposes. Moneys in fund.

Connecticut Statutes

§ 7-479s — Municipal Liability Trust Fund. Purposes. Moneys in fund.

Connecticut § 7-479s

Title 7Municipalities

Ch. 113bMunicipal Liability Trust Fund

This text of Connecticut § 7-479s (Municipal Liability Trust Fund. Purposes. Moneys in fund.) 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. § 7-479s (2026).

Text

(a)There is established a fund to be known as the “Municipal Liability Trust Fund”. The purpose of the Municipal Liability Trust Fund shall be to:

(1)Help assure the availability of liability coverage for municipalities, (2) improve municipal loss control activities and (3) facilitate pooling of municipal efforts to accomplish these purposes. The fund shall contain any moneys required by law to be deposited in the fund and shall be held in trust separate and apart from all other moneys, funds and accounts. Investment earnings credited to the assets of said fund shall become part of the assets of said fund. Any balance remaining in said fund at the end of any fiscal year shall be carried forward in said fund for the fiscal year next succeeding.

(b)As used in this chapter, “municipality”

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(a) There is established a fund to be known as the “Municipal Liability Trust Fund”. The purpose of the Municipal Liability Trust Fund shall be to: (1) Help assure the availability of liability coverage for municipalities, (2) improve municipal loss control activities and (3) facilitate pooling of municipal efforts to accomplish these purposes. The fund shall contain any moneys required by law to be deposited in the fund and shall be held in trust separate and apart from all other moneys, funds and accounts. Investment earnings credited to the assets of said fund shall become part of the assets of said fund. Any balance remaining in said fund at the end of any fiscal year shall be carried forward in said fund for the fiscal year next succeeding. (b) As used in this chapter, “municipality” means any town, city, borough, consolidated town and city or consolidated town and borough.