Sec. 22a-512. Regional water pollution control authorities: Effect of bonds on municipal indebtedness.
Sec. 22a-512. Regional water pollution control authorities: Effect of bonds on
municipal indebtedness. Bonds and notes issued by an authority pursuant to sections
22a-500 to 22a-519, inclusive, shall not be subject to any statutory limitation on the
indebtedness of any municipality, including without limitation any constituent municipality, and such bonds and notes when issued shall not be included for purposes of
computing the aggregate indebtedness of any municipality, including without limitation
any constituent municipality, with respect to and to the extent of any such statutory
limitation.
(P.A. 95-329, S. 22, 31.)
History: P.A. 95-329, S. 22 effective July 13, 1995.