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.
(1949 Rev., S. 805.)
Structure Connecticut General Statutes
Chapter 109 - Municipal Bond Issues
Section 7-369. - Authority to issue bonds.
Section 7-369a. - Issuance of bonds subject to federal income taxes.
Section 7-370. - Manner of issuance.
Section 7-370a. - Interest rate not limited.
Section 7-370b. - Authority to establish credit facilities.
Section 7-371. - Form of bonds.
Section 7-371a. - Sale of municipal bonds by negotiation. Consolidated maturity schedule.
Section 7-372. - Issuing of bonds by beach associations and similar subdivisions.
Section 7-373. - Banks to certify municipal bonds. Disbursing agent.
Section 7-374. - Bonded indebtedness of municipalities.
Section 7-374a. - Prior debt limitation not reduced.
Section 7-374c. - Municipal pension deficit funding bonds.
Section 7-375. - Inconsistent special act provisions.
Section 7-376. - Redemption of outstanding bonds.
Section 7-377. - Redemption of bonds before maturity.
Section 7-377a. - Destruction of bonds and notes after payment or transfer of ownership.
Section 7-378. - Anticipation notes.
Section 7-378a. - Renewal of temporary notes.
Section 7-378c. - Effective date of Secs. 7-378a and 7-378b.
Section 7-378d. - Appropriations for retirement of notes on school projects. Net cost of project.
Section 7-378e. - Extended time for renewal of temporary notes.
Section 7-379. - Issuance of bonds and notes for dire emergencies.
Section 7-380. - Facsimile signatures. Manual signature requirements.
Section 7-380b. - Issuance of bonds, notes or other obligations authorized before June 23, 1993.