Sec. 49-73f. Municipal ordinance providing for release or return of insurance proceeds.
Sec. 49-73f. Municipal ordinance providing for release or return of insurance
proceeds. Any municipality may adopt an ordinance providing for the release or return
to the insured of any proceeds subject to a lien, to which it would otherwise be entitled,
provided the insured agrees with the municipality to restore the affected premises to at
least the same condition that it was in prior to the time that such lien of the municipality
arose, subject to such conditions as such ordinance shall provide in order to guarantee
performance of such obligation.
(P.A. 79-342, S. 6.)
Cited. 192 C. 653.
Cited. 38 CS 722.