Conn. Gen. Stat. § 8-286a

Current with legislation from the 2024 Regular and Special Sessions.

Section 8-286a - State or authority to share in appreciation of dwelling

Any contract for a loan to purchase a dwelling under section 8-286 may require that the state or the authority shall receive, in exchange for any such loan, a share in the appreciation of the dwelling or any interest therein upon its sale. Such share shall be in an amount determined by the authority.

( P.A. 91-346 , S. 4 , 9 ; P.A. 95-250 , S. 29 , 42 ; 95-309 , S. 11 , 12 .)

Amended by P.A. 23-0045,S. 6 of the Connecticut Acts of the 2023 Regular Session, eff. 10/1/2023.