Sec. 22a-173. (Formerly Sec. 19-507c). Insured mortgage payments on new equipment used for air pollution control.
Sec. 22a-173. (Formerly Sec. 19-507c). Insured mortgage payments on new
equipment used for air pollution control. The Connecticut Development Authority
may, upon application of the proposed mortgagee, insure and make advance commitments to insure mortgage payments required by a first mortgage on new machinery,
equipment and buildings for the primary purpose of reducing, controlling or eliminating
air pollution, certified as approved for such purpose by the Commissioner of Environmental Protection, upon such terms and conditions as the Connecticut Development
Authority may prescribe in accordance with the provisions of chapter 579.
(1969, P.A. 758, S. 21; 1971, P.A. 872, S. 15; P.A. 74-338, S. 49, 94.)
History: 1971 act replaced clean air commission with commissioner of environmental protection; P.A. 74-338 replaced
Connecticut development commission with Connecticut development authority; Sec. 19-507c transferred to Sec. 22a-173
in 1983.