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Chapter 32

• Sec. 3-11. Salary and bond of Treasurer. Office of Treasurer full time.
• Sec. 3-11a. Authority to enter into contractual agreements.
• Sec. 3-12. Deputy Treasurer.
• Sec. 3-13. Assistant treasurer for debt management. Additional assistant treasurer.
• Sec. 3-13a. Investment department. Chief investment officer. Investment counsel. Costs of department.
• Sec. 3-13b. Investment Advisory Council established. Duties and powers. State Treasurer's investment policy statement.
• Sec. 3-13c. Trust funds defined.
• Sec. 3-13d. Trust funds: Investment, restrictions, sale of call options. Consideration of political implications of particular investments in relation to U.S. foreign policy and national interests. Co
• Sec. 3-13e. Investment of trust funds in loans to mortgage lenders.
• Sec. 3-13f. State investment policy in relation to corporations doing business in South Africa.
• Sec. 3-13g. Investments in corporations doing business in Iran.
• Sec. 3-13h. Disinvestment of state funds invested in corporations doing business in Northern Ireland which have not implemented the MacBride principles.
• Sec. 3-13i. Contracts for services related to investment of trust funds.
• Sec. 3-13j. Third party fees in investments by Treasurer or quasi-public agencies.
• Sec. 3-13k. Direction of third party fees by Treasurer prohibited. Personal use by Treasurer of broker's credits prohibited.
• Sec. 3-13l. Finder's fees in state investments prohibited. Penalties.
• Sec. 3-14. Management and sales of state property.
• Sec. 3-14a. Treasurer to administer trusts for counties.
• Sec. 3-14b. Prior to sale of state-owned land, option to municipality of locale to purchase.
• Sec. 3-15. Sites for beacon lights and other buildings.
• Sec. 3-16. Temporary borrowing.
• Sec. 3-17. Collection of state revenue. Issuance of bonds.
• Sec. 3-17a. Payments to the state from certain financing litigation settlements.
• Sec. 3-18. Use of facsimile of state seal on bonds.
• Sec. 3-19. Place of payment of state bonds.
• Sec. 3-20. Short title: State General Obligation Bond Procedure Act. State Bond Commission.
• Sec. 3-20a. Redemption or repurchase of bonds. Additional security.
• Sec. 3-20b. Trusteeships.
• Sec. 3-20c. Certain appropriations not to lapse.
• Sec. 3-20d. Requirements for issuance of tax-exempt obligations by agents of state government.
• Sec. 3-20e. Provision of secondary market disclosure information by political subdivisions of the state, municipalities and quasi-public agencies. Indemnification.
• Sec. 3-20f. State Bond Commission vote to authorize issuance of agricultural land preservation program bonds.
• Sec. 3-21. Bond limitation.
• Sec. 3-21a. Jurisdiction of Superior Court in actions re bonds and notes. Defenses reserved to the state.
• Sec. 3-21b. Transfer to General Fund of bond proceeds from general obligation bonds of the state which are no longer required for designated purposes or projects.
• Sec. 3-21c. Transfer of unexpended proceeds from transportation-related general obligation bonds that are no longer required for designated purposes or projects.
• Sec. 3-21d. Report required for unexpended bond proceeds. Disposition.
• Sec. 3-21e. Divestment of state funds invested in companies doing business in Sudan.
• Sec. 3-22. Bond Retirement Fund.
• Sec. 3-22a. Definitions: College savings bonds.
• Sec. 3-22b. Designation of bonds as college savings bonds.
• Sec. 3-22c. Negotiated sales of college savings bonds.
• Sec. 3-22d. Terms of issuance of college savings bonds.
• Sec. 3-22e. Connecticut Higher Education Trust Advisory Committee.
• Sec. 3-22f. Connecticut Higher Education Trust: Definitions.
• Sec. 3-22g. Connecticut Higher Education Trust: Established.
• Sec. 3-22h. Trust authority of the Treasurer.
• Sec. 3-22i. Investment of funds in the trust.
• Sec. 3-22j. Participation in and the offering and solicitation of the trust exempt from sections 36b-16 and 36b-22. Evidence of exemption from federal securities laws.
• Sec. 3-22k. Trust financial report.
• Sec. 3-22l. Exemption from taxation.
• Sec. 3-22m. State pledge for purposes of the trust.
• Sec. 3-22n. Nothing in trust or in any participation agreement deemed to guarantee admission to or continued enrollment in educational institution.
• Sec. 3-22o. Compliance with provisions necessary for trust to constitute state tuition program and be tax exempt.
• Sec. 3-23. Destruction of matured bonds.
• Sec. 3-23a. Replacement of mutilated, destroyed, stolen or lost state obligations.
• Sec. 3-24. Deposit of funds.
• Sec. 3-24a. Tax-Exempt Proceeds Fund created.
• Sec. 3-24b. Deposit of money in Tax-Exempt Proceeds Fund.
• Sec. 3-24c. Investment in Tax-Exempt Proceeds Fund by other state funds.
• Sec. 3-24d. Sale of investments in Tax-Exempt Proceeds Fund to other state instrumentalities.
• Sec. 3-24e. Investment of Tax-Exempt Proceeds Fund by the Treasurer.
• Sec. 3-24f. Purchase of investments in Tax-Exempt Proceeds Fund by other state instrumentalities.
• Sec. 3-24g. Borrowing for purposes of the Tax-Exempt Proceeds Fund. Issuance of notes.
• Sec. 3-24h. Borrowing from the Tax-Exempt Proceeds Fund for state capital projects.
• Sec. 3-24i. Notice to joint standing committee on finance, revenue and bonding of opening of bank accounts in certain other states.
• Sec. 3-24j. Definitions.
• Sec. 3-24k. Investments with community banks and community credit unions.
• Sec. 3-24l. Regulations.
• Sec. 3-25. Payment of public moneys. Designation of authority for certain payments to constituent units of the state system of higher education. Authorization for certain payments to be made by the as
• Sec. 3-26. Civil list funds; limitation.
• Sec. 3-27. Investment committee.
• Sec. 3-27a. Short Term Investment Fund. Payment of certain interest to board or boards of trustees. Participation certificates.
• Sec. 3-27b. Sale of certificates to state agencies.
• Sec. 3-27c. Use of fund for student loans.
• Sec. 3-27d. Investment of funds of the Short Term Investment Fund.
• Sec. 3-27e. Report of grants, interest, etc. Payment of expenses and state banking service fees.
• Sec. 3-27f. Investment by Treasurer in participation certificates. Legal investments.
• Sec. 3-27g. Bond issue.
• Sec. 3-27h. Notes.
• Sec. 3-27i. Bonds and notes as legal investments.
• Sec. 3-28. Investment of sinking fund.
• Sec. 3-28a. Medium-Term Investment Fund.
• Secs. 3-29 to 3-31. Investment of surplus of General Fund. Investment of cash balance of Transportation Fund. Investment of excess cash in General Fund.
• Sec. 3-31a. Authorized investments.
• Sec. 3-31b. Combined investment funds. Sale of participation units. Costs charged to income.
• Sec. 3-32. Acceptance of gifts and bequests by Treasurer.
• Sec. 3-33. Acceptance of land for military purposes.
• Sec. 3-34. Vote on stock of state bank owned by state or School Fund.
• Sec. 3-35. No execution against Treasurer.
• Sec. 3-36. Repayment of Town Deposit Fund.
• Sec. 3-37. Report of Treasurer.
• Sec. 3-38. Posthumous fund of Fitch's Home for the Soldiers. Fitch Fund. Use of income, and payment of claims from principal.
• Sec. 3-39. Flood Fund.
• Sec. 3-39a. Funds to be paid state recorded as receivables.
• Sec. 3-39b. Interest earnings on funds.
• Sec. 3-39c. Interest earnings credited to certain funds and accounts.
• Sec. 3-40. Treasurer to have care and management.
• Sec. 3-41. School Fund interest.
• Sec. 3-42. Rate of interest on loans from the School Fund and Agricultural College Fund.
• Sec. 3-43. Loan expenses. Foreclosure costs.
• Sec. 3-44. Interest on overdue loans.
• Sec. 3-45. Loans and appraisals.
• Sec. 3-46. Reappraisal of securities.
• Sec. 3-47. Sale of real estate.
• Sec. 3-48. National bank stock; Treasurer attorney for state.
• Sec. 3-49. Debtor accounts.
• Sec. 3-50. Agents to give certified copies of bonds.
• Sec. 3-51. Annual schedule of assets.
• Sec. 3-52. Moneys paid on account.
• Sec. 3-53. Exhibition of claims against estates.
• Sec. 3-54. Mortgagor's affidavit of title.
• Sec. 3-55. Waste on mortgaged premises.
• Secs. 3-55a to 3-55h.
• Sec. 3-55i. Mashantucket Pequot and Mohegan Fund.
• Sec. 3-55j. Payments from fund.
• Sec. 3-55k. Municipality defined.
• Sec. 3-55l. Additional payments from fund to Ledyard, Montville, Norwich, North Stonington and Preston.
• Sec. 3-55m. Additional payments from fund to certain member municipalities of Southeastern, Northeastern and Windham Area Councils of Governments.
• Sec. 3-56. Definitions.
• Sec. 3-56a. Definitions.
• Sec. 3-57. Escheat of property unclaimed or unused for seven years.
• Sec. 3-57a. Property held by banking or financial organization presumed abandoned, when.
• Sec. 3-58. Sale of escheated property.
• Sec. 3-58a. Funds held by insurance company presumed abandoned, when.
• Sec. 3-59. Petition in case of interest in escheated property. Appeal.
• Sec. 3-59a. Property held by a business association or payable in the course of demutualization of an insurance company presumed abandoned, when.
• Sec. 3-59b. Ownership interest in business association presumed abandoned, when.
• Sec. 3-59c. Duties of holder of abandoned interests in business associations.
• Sec. 3-59d. Delivery of duplicate certificate to Treasurer. Holder relieved of liability to others upon such delivery.
• Sec. 3-60. Examination of witnesses.
• Sec. 3-60a. Property distributable on dissolution of business presumed abandoned, when. Notice to shareholder of corporate dissolution or liquidation.
• Sec. 3-60b. Wages, salary or other compensation for personal services presumed abandoned, when.
• Sec. 3-60c. Deposit, refund or other sum owed by utility presumed abandoned, when.
• Sec. 3-60d. Value of gift certificate presumed abandoned, when.
• Sec. 3-61. Action against custodian of property.
• Sec. 3-61a. Property held by fiduciary presumed abandoned, when.
• Sec. 3-62. Application of provisions.
• Sec. 3-62a. Property held by public body or officer presumed abandoned, when.
• Sec. 3-62b. Property held by federal court or agency presumed abandoned, when.
• Sec. 3-62c. Proceedings to recover property.
• Sec. 3-62d. Action to obtain decree of escheat.
• Sec. 3-62e. Treasurer to pay costs and deposit funds into General Fund.
• Sec. 3-62f. Claim for return of escheated property.
• Sec. 3-62g. Liability of state.
• Sec. 3-62h. Special Abandoned Property Fund. Deposit of abandoned property receipts. Special obligation bond authorization. Disbursement of resources of fund.
• Sec. 3-63. Notice of inactive bank accounts. Index. Interest. Escheat.
• Sec. 3-63a. Property in decedent's estate presumed abandoned, when.
• Sec. 3-64. Escheating of trust funds held by the Treasurer.
• Sec. 3-64a. Property presumed abandoned generally.
• Sec. 3-65. Conversion of escheated property into cash.
• Sec. 3-65a. Duties of holder of abandoned property.
• Sec. 3-65b. Assessment of interest penalty for failure to report or deliver abandoned property as required. Exceptions.
• Sec. 3-65c. Charge, fee or penalty for inactivity prohibited.
• Sec. 3-66. Escheat of unclaimed life insurance company funds. Definitions.
• Sec. 3-66a. Notice by Treasurer.
• Sec. 3-66b. Unclaimed intangible property. Conditions raising presumption of abandonment.
• Sec. 3-66c. Recovery of funds or property.
• Sec. 3-67. When funds escheat.
• Sec. 3-67a. State responsibility for property. Reimbursement of prior holder for payment to holder. Reimbursement of holder compelled to register transfer of original certificate.
• Sec. 3-68. Report of unclaimed funds.
• Sec. 3-68a. Sale of property by Treasurer.
• Sec. 3-69. Notice.
• Sec. 3-69a. Deposit of funds in General Fund and Citizens' Election Fund.
• Sec. 3-70. Payment to Treasurer.
• Sec. 3-70a. Claims for abandoned property.
• Sec. 3-71. State to assume custody and liability.
• Sec. 3-71a. Appeals.
• Secs. 3-72, 3-72a and 3-73. Funds to be paid to General Fund and special trust fund. Escheat proceedings. Claim; appeal; bond.
• Sec. 3-73a. Excepted property.
• Sec. 3-73b. Effect of expiration of limitation period or period specified in contract.
• Sec. 3-74. Payment of claim.
• Sec. 3-74a. Regulations. Agreements and enforcement with other states.
• Secs. 3-75 and 3-76. Record to be kept by Treasurer. Application of other statutes.
• Sec. 3-76a. Short title: Municipal Bond Refunding Trust Act.
• Sec. 3-76b. Statement of purpose and policy.
• Sec. 3-76c. Definitions.
• Sec. 3-76d. Issuance of state special obligation bonds authorized to finance purchase of municipal refunding bonds; bond determination requisites.
• Sec. 3-76e. Effect of filing of bond determination. Limits on Treasurer's contracts.
• Sec. 3-76f. Terms of special obligation bonds determined by State Treasurer.
• Sec. 3-76g. Optional provisions to secure payment of special obligation bonds.
• Sec. 3-76h. Additional powers of State Treasurer.
• Sec. 3-76i. Form of special obligation bonds.
• Sec. 3-76j. Special obligation bonds not general obligations of the state.
• Sec. 3-76k. Special obligation bonds as legal investments: Tax exemptions.
• Sec. 3-76l. Municipal Refunded Bond Escrow Fund. State Treasurer's contracts re municipal accounts in fund.
• Sec. 3-76m. Municipal Refunding Trust Fund. Required reserve. General Fund appropriations.
• Sec. 3-76n. Validity of pledges.
• Sec. 3-76o. State pledges to holders of special obligation bonds.
• Sec. 3-76p. Principal amounts of special obligation bonds not part of state indebtedness.
• Sec. 3-76q. Default by state, remedies of municipalities, holders.
• Sec. 3-76r. Municipal refunding bonds. Requisites. Proceeds. Excluded from aggregate municipal indebtedness. Presumption re authorization.
• Sec. 3-76s. Defaults in principal or interest payments on municipal refunding bonds; remedies.
• Sec. 3-76t. Transfer of interest subsidy under section 10-292m.