Sec. 3-24d. Sale of investments in Tax-Exempt Proceeds Fund to other state instrumentalities.
Sec. 3-24d. Sale of investments in Tax-Exempt Proceeds Fund to other state
instrumentalities. The Treasurer may also sell participation certificates or securities
of the Tax-Exempt Proceeds Fund to the Connecticut Housing Finance Authority, the
Connecticut Resources Recovery Authority, the Connecticut Development Authority,
the Connecticut Health and Educational Facilities Authority, the Connecticut Student
Loan Foundation, any municipalities within the state and any other authorities, agencies,
instrumentalities and political subdivisions of the state or of any municipality within
the state. The participation certificates or securities shall bear and pay such interest and
be issued subject to such terms and conditions as shall be determined and established
by the Treasurer.
(P.A. 88-258, S. 4, 9; P.A. 94-8, S.4.)
History: P.A. 94-8 changed fund name to Tax-Exempt Proceeds Fund from Tax-Exempt Fund.