The provisions of this chapter shall be deemed to provide a complete, additional and alternative method for the actions of the things authorized thereby and shall be regarded as supplemental and additional to powers granted by other laws; the issuance of revenue bonds or notes and revenue refunding bonds or notes under the provisions of this chapter need not comply with the requirements of any other law applicable to the issuance of bonds or notes. This chapter, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect its purpose. Except as otherwise expressly provided in this chapter, none of the powers granted to the authority under the provisions of this chapter shall be subject to the supervision or regulation or require the approval or consent of any municipality or political subdivision or any department, division, commission, board, body, bureau, official or agency thereof or of the state. The authority shall not be construed to be an agency within the scope of chapter 54 or a department, institution or agency of the state.
(P.A. 82-313, S. 23, 28; P.A. 88-266, S. 31, 46.)
History: P.A. 88-266 provided that the authority shall not be construed to be a department, institution or agency of the state.
Structure Connecticut General Statutes
Title 10a - State System of Higher Education
Chapter 187b - Connecticut Higher Education Supplemental Loan Authority
Section 10a-221. - Declaration of policy.
Section 10a-222. - Short title.
Section 10a-223. - *(See end of section for amended version and effective date.) Definitions.
Section 10a-226. - Payment of expenses.
Section 10a-227. - Acquisition of property by authority.
Section 10a-228. - Conveyance of title to participating institutions.
Section 10a-229. - Notes of authority.
Section 10a-231. - Trust agreement to secure bonds or notes.
Section 10a-232. - Payment of bonds or notes. Creation of special capital reserve funds.
Section 10a-234. - Use of bond proceeds and revenues.
Section 10a-235. - Enforcement of rights and duties.
Section 10a-236. - Tax exemption.
Section 10a-237. - Refunding bonds.
Section 10a-238. - Investment of funds.
Section 10a-239. - Bonds declared legal investments.
Section 10a-240. - Report of authority.
Section 10a-242. - Employee benefits.
Section 10a-244. - Chapter independent of Connecticut Student Loan Foundation.
Section 10a-245. - Advisory committee.
Section 10a-246. - Obligations of borrower.
Section 10a-248. - Certificate Loan Loss Reserve and Funding account.