Notwithstanding the provisions of any general statute or special act or the provisions of any certificate of incorporation, charter or other articles of organization, all domestic corporations or associations organized for the purpose of carrying on business in this state and any person are hereby authorized to make contributions to the Connecticut Student Loan Foundation and such contributions shall be allowed as deductions in computing the net taxable income of any such person, corporation or association for purposes of any income or franchise tax imposed by the state.
(February, 1965, P.A. 491, S. 8; 1967, P.A. 3, S. 12.)
History: 1967 act substituted Connecticut Student Loan Foundation for Connecticut Foundation for Assistance to Higher Education; Sec. 10-365 transferred to Sec. 10a-208 in 1983 pursuant to reorganization of higher education system.
Structure Connecticut General Statutes
Title 10a - State System of Higher Education
Chapter 187a - Connecticut Student Loan Foundation
Section 10a-201. (Formerly Sec. 10-358). - Purpose of corporation.
Section 10a-202. (Formerly Sec. 10-359). - Definitions.
Section 10a-203. (Formerly Sec. 10-360). - Board of directors.
Section 10a-204. (Formerly Sec. 10-361). - Powers of board.
Section 10a-204a. - Establishment of loan or award program to utilize excess foundation funds.
Section 10a-204b. - Issuance of bonds.
Section 10a-205. (Formerly Sec. 10-362). - Maximum interest on loans. Maintenance of funds.
Section 10a-206. (Formerly Sec. 10-363). - Repayment of loans.
Section 10a-207. (Formerly Sec. 10-364). - Disability of minority not to disqualify for loan.
Section 10a-208. (Formerly Sec. 10-365). - Contributions to corporation.
Section 10a-209. (Formerly Sec. 10-366). - Tax exemption.
Section 10a-210. (Formerly Sec. 10-367). - Annual report; content. Review of operating budget.
Section 10a-211. (Formerly Sec. 10-368). - Termination of corporation.
Section 10a-216. (Formerly Sec. 10-368e). - Student Loan Foundation to succeed to rights and duties.