Conn. Gen. Stat. § 7-537
This is the official text of Conn. Gen. Stat. § 7-537, part of Connecticut’s Gen. Stat — part of the compiled statutory law of Connecticut, published by the state as "Gen. Stat." Browse the sections below, each linked to its official government source.
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Sec. 7-537. Local capital improvement grant anticipation notes.
Official statutory text
(b) Local capital improvement grant anticipation notes shall be general obligations of the issuing municipality and each such obligation shall recite that the full faith and credit of the issuing municipality are pledged for the payment of the principal thereof and interest thereon.
(c) No municipality shall authorize or approve the issuance of a local capital improvement grant anticipation note in connection with a local capital improvement project financed by a grant issued pursuant to subsection (i) of section 7-536 .
(c) No municipality shall authorize or approve the issuance of a local capital improvement grant anticipation note in connection with a local capital improvement project financed by a grant issued pursuant to subsection (i) of section 7-536 .
Status: in_force · Read it on the official government site
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