Conn. Gen. Stat. § 7-372
Current with legislation from the 2024 Regular and Special Sessions.
No beach association, or any other subdivision of any town, city or borough of a similar nature, wherein more than fifty per cent of the property owners are nonresidents, shall issue bonds pledging the security of such association therefor, except with the consent of the town, city or borough in which such association is situated. The provisions of this section shall not apply to any school, sewer or fire district.
Conn. Gen. Stat. § 7-372
(1949 Rev., S. 805.)