reglab/housing_qa huggingface dataset:
CT Gen Stat § 3-40 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-40 - Treasurer to have care and management.

 The Treasurer shall have the care and management of the School Fund and the Agricultural College Fund, loan and invest the principal thereof and have the care of the income from the same; but no loans from the School Fund shall be made outside of the state. He shall give a bond in the sum of one hundred thousand dollars, with surety to the state, conditioned for the faithful performance of his duties in the care and management of said funds, and shall report annually to the Governor, as provided by section 4-60, with such suggestions as he deems important.(1949 Rev., S. 131; September, 1957, P.A. 11, S. 13.)See Sec. 3-34 re Treasurer's authority to vote on bank stock owned by School Fund.See Sec. 10a-115 re Agricultural College Fund.See Sec. 12-178 re precedence of School or Agricultural College Fund mortgage over lien consisting of assessed taxes.State acts in sovereign capacity and is not affected by discharge in bankruptcy. 47 C. 400. Priority of fund over municipal assessment; power of legislature. 81 C. 12.
CT Gen Stat § 3-41 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-41 - School Fund interest.

 On the fifteenth day of April of each year, the Treasurer shall cover the interest of the School Fund in the Treasury on the last day of February into the civil list funds of the state and shall notify the Comptroller, in writing, of the amount of the interest so covered or transferred.(1949 Rev., S. 132; P.A. 74-58, S. 1, 2.)History: P.A. 74-58 changed date of transfer from March first to April fifteenth.
CT Gen Stat § 3-42 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-42 - Rate of interest on loans from the School Fund and Agricultural College Fund.

 The rate of interest on all loans of the School Fund and the Agricultural College Fund in this state shall be established by the State Treasurer, payable semiannually.(1949 Rev., S. 133; 1967, P.A. 6; P.A. 78-236, S. 2, 20.)History: 1967 act included agricultural college fund under provisions of section and made interest rates subject to decision of state treasurer with a minimum rate of 4% rather than the previous 6%; P.A. 78-236 deleted language requiring minimum rate of 4%.See Sec. 3-27a re investments in Short Term Investment Fund.
CT Gen Stat § 3-43 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-43 - Loan expenses. Foreclosure costs.

 The Treasurer shall collect from the borrower of loans from the School Fund and the Agricultural College Fund all expenses incurred by him or his clerks in making examinations and appraisals of real estate required by law, and for the examination of titles and abstracts thereof, including a fee for preparing and executing the necessary papers, together with the legal charges for recording the same. In all actions for foreclosure of mortgages held for the benefit of the School Fund and the Agricultural College Fund all expenses incurred by the state in prosecuting the same may be taxed and collected with the taxable costs, as provided by law.(1949 Rev., S. 135; 1957, P.A. 506, S. 1; 1967, P.A. 7.)History: 1967 act deleted provision for reappraisals and substituted “real estate” for “securities”.
CT Gen Stat § 3-44 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-44 - Interest on overdue loans.

 When the semiannual interest due on any bond or note given for moneys loaned from the School Fund or the Agricultural College Fund remains unpaid fifteen days or more after it has become due, the Treasurer is authorized to charge interest thereon from the time the same became due and, if the semiannual interest remains unpaid six months after it becomes due, the interest charged shall be at the rate of nine per cent per annum until the same is paid. The Treasurer is authorized to waive interest due or to become due on unpaid interest.(1949 Rev., S. 134, 136; 1957, P.A. 506, S. 2.)
CT Gen Stat § 3-45 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-45 - Loans and appraisals.

 No loan shall be made from the School Fund or the Agricultural College Fund on a mortgage of real estate, unless the security is unencumbered and worth double the amount loaned, except that loans may be made on residential property in any case where the security is worth at least fifty per cent more than the amount loaned. No loan shall be made from said funds upon real estate security until after the security has been appraised by at least two qualified appraisers appointed by the Treasurer, one of whom shall be a resident of the town where such real estate is situated, and the Treasurer or his clerk has made a personal examination of the same. The appraisers shall take the oath hereinafter provided, and their appraisal, in the form prescribed by the Treasurer, shall be placed on file in his office. The Treasurer or his clerk shall certify upon every deed taken by him as security for any loan that he has made a personal examination and that in his opinion the same is worth at least double the amount loaned or, in the case of residential property, at least fifty per cent more than the amount loaned. Before entering upon the performance of their duties as appraisers, all persons selected to appraise real estate to be mortgaged to the state shall be sworn to the faithful performance of their duties.(1949 Rev., S. 137; 1957, P.A. 506, S. 3.)See Sec. 12-178 re precedence of mortgage over lien consisting of assessed taxes.
CT Gen Stat § 3-46 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-46 - Reappraisal of securities.

 The Treasurer shall cause to be examined and reappraised all the real estate securities held by him at least once in five years, and for such purpose may appoint such persons as he chooses to make such examination and reappraisal; and, when in any instance it is found that there has been a depreciation in the value of any security, the Treasurer shall call in such an amount as will leave the security worth double the amount of the loan or, in the case of residential property, fifty per cent more than the amount of the outstanding principal balance; provided, if such appraisal is not of double value or fifty per cent more, as the case may be, but sufficiently exceeds the principal balance of the loan and the property is well maintained as determined by the Treasurer and the interest upon the same has been promptly paid, the Treasurer may consider the security upon such loan to be ample. The Treasurer shall keep a record of such reappraisals.(1949 Rev., S. 138; 1957, P.A. 506, S. 4.)
CT Gen Stat § 3-47 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-47 - Sale of real estate.

 The Treasurer may sell the real estate belonging to said funds; and he may sell at private or public sale, from time to time, all or any part of the real estate belonging to the state, acquired by deed or foreclosure of mortgage for the School Fund or the Agricultural College Fund, if he deems it advisable and for the interest of said fund. The loss, if any, that occurs from the sale of such property, either at public or private sale, shall be deducted from the principal of said funds. The Treasurer shall execute, under the seal of his department, all necessary deeds of conveyance of real estate and releases of mortgages or judgment liens relating to said funds. The Secretary may take the acknowledgment of all conveyances of real estate situated out of the state, belonging to said funds, and affix the seal of the state to his certificate thereof.(1949 Rev., S. 139; 1957, P.A. 506, S. 5.)See Sec. 3-14 re real estate transactions.
CT Gen Stat § 3-48 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-48 - National bank stock; Treasurer attorney for state.

 The Treasurer is appointed as the attorney of the state, with power of substitution, to consent upon its behalf that the articles of association of any national bank, in whose stock any portion of the School Fund or Agricultural College Fund is invested, be amended so as to authorize the extension of the corporate existence of such bank, and, on behalf of the state, to consent to the reduction of the capital stock of any such bank, sign all necessary papers and do all other acts to carry out the powers herein granted.(1949 Rev., S. 140; 1957, P.A. 506, S. 6.)
CT Gen Stat § 3-49 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-49 - Debtor accounts.

 The Treasurer shall cause all debts due to the School Fund or the Agricultural College Fund, and all other property belonging to either of them, to be registered in books kept in his office, in which shall be opened an account with each debtor, showing the place of his residence, the amount of his debt, the security therefor and its estimated value.(1949 Rev., S. 141.)
CT Gen Stat § 3-50 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-50 - Agents to give certified copies of bonds.

 The Treasurer shall require all agents having bonds of said funds in their hands for collection to give him certified copies of the same.(1949 Rev., S. 142.)
CT Gen Stat § 3-51 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-51 - Annual schedule of assets.

 The Treasurer shall, annually, before the first day of December, prepare a complete schedule of all property and securities belonging to said funds on June thirtieth preceding and also an abstract thereof; and the Auditors of Public Accounts shall audit, examine and certify to the same, which certified abstract shall be annexed to the next report of the Treasurer to the Governor.(1949 Rev., S. 143.)
CT Gen Stat § 3-52 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-52 - Moneys paid on account.

 The Treasurer shall receive all moneys paid on account of said funds and give a receipt to each debtor making payment of principal or interest and keep separate accounts of the principal and interest so received. He shall pay over the same according to law, and shall deliver to the Comptroller, on the first day of March in each year, a statement of the net amount of the income so received.(1949 Rev., S. 144.)
CT Gen Stat § 3-53 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-53 - Exhibition of claims against estates.

 When any person who has mortgaged property to the state for the benefit of either of said funds dies or becomes insolvent and a time is legally limited for the exhibition of claims against his estate, the executor, administrator or trustee shall give notice of such death or insolvency and limitation and of the names and addresses of the commissioners on such estate, if such commissioners have been appointed, by letter deposited in the post office, addressed to the Treasurer, who, on receiving it, shall transmit in the same manner, to such executor, administrator or trustee, or to either commissioner on such estate, a copy of the contract secured by such mortgage, certifying thereon the sum due to the state, which shall be a sufficient exhibition and notice of the claim against such estate; and, until such notice is given by the executor, administrator or trustee, the record of the mortgage deed shall be sufficient notice to him of the existence and validity of such claim and shall be considered as a sufficient exhibition thereof to the executor or administrator or commissioners on such estate.(1949 Rev., S. 145.)Cited. 47 C. 400.
CT Gen Stat § 3-54 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-54 - Mortgagor's affidavit of title.

 When any person mortgages any real estate to this state for the benefit of either of said funds, he shall make and lodge with the Treasurer an affidavit that he is the absolute owner thereof and that it is free of all encumbrances within his knowledge, except such as are stated therein.(1949 Rev., S. 146.)
CT Gen Stat § 3-55 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-55 - Waste on mortgaged premises.

 If any person removes or injures any building or fixture on any land mortgaged to the state for the benefit of either of said funds or cuts or carries away any wood or timber from such land, except for necessary firewood for use on the premises or for the erection or repair of fences or buildings on such land, without the written consent of the Treasurer, such person shall pay to the state the value of the property so removed or the amount of such injury, which, after paying the expense of its recovery, shall be applied on such mortgage debt; and, for a wilful violation of this section, such person shall be fined not more than five hundred dollars or imprisoned not more than one year or both.(1949 Rev., S. 147.)
CT Gen Stat § 3-55k (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-55k - Municipality defined.

 As used in sections 3-55i and 3-55j, “municipality” means any town, consolidated town and city or consolidated town and borough.(May Sp. Sess. P.A. 94-1, S. 34, 53.)History: May Sp. Sess. P.A. 94-1 effective July 1, 1994.
CT Gen Stat § 3-55l (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-55l - Additional payments from fund to Ledyard, Montville, Norwich, North Stonington and Preston.

 (a) For the fiscal year ending June 30, 2006, the municipalities of Ledyard, Montville, Norwich, North Stonington and Preston shall each receive a grant of two hundred fifty thousand dollars which shall be paid from the Mashantucket Pequot and Mohegan Fund established by section 3-55i and which shall be in addition to the grants paid to said municipalities pursuant to section 3-55j.(b) For the fiscal year ending June 30, 2007, and each fiscal year thereafter, the municipalities of Ledyard, Montville, Norwich, North Stonington and Preston shall each receive a grant of seven hundred fifty thousand dollars which shall be paid from said fund and which shall be in addition to the grants paid to said municipalities pursuant to section 3-55j.(c) The grants payable in accordance with this section shall be determined prior to the determination of grants pursuant to said section 3-55j and shall not be reduced proportionately if the total of the grants payable to each municipality pursuant to said section exceeds the amount appropriated for grants pursuant to section 3-55i with respect to each such year.(June Sp. Sess. P.A. 05-3, S. 42.)History: June Sp. Sess. P.A. 05-3 effective July 1, 2005.
CT Gen Stat § 3-55m (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-55m - Additional payments from fund to certain member municipalities of Southeastern, Northeastern and Windham Area Councils of Governments.

 For the fiscal year ending June 30, 2008, and each fiscal year thereafter, one million six hundred thousand dollars of the appropriation to the Mashantucket Pequot and Mohegan Fund, for Grants to Towns, shall be distributed to municipalities that are members of the Southeastern Connecticut Council of Governments and to any distressed municipality that is a member of the Northeastern Connecticut Council of Governments or the Windham Area Council of Governments. Said amount shall be distributed proportionately to each such municipality based on the total amount of payments received by all such municipalities from said fund in the preceding fiscal year, determined in accordance with section 3-55j. The grants payable in accordance with this section shall be determined prior to the determination of grants pursuant to said section 3-55j and shall not be reduced proportionately if the total of the grants payable to each municipality pursuant to said section exceeds the amount appropriated for such grants with respect to such year. The payments to municipalities authorized by this section shall be made in accordance with the schedule set forth in section 3-55i.(P.A. 06-187, S. 96.)History: P.A. 06-187 effective July 1, 2006 (Revisor's note: This section was codified subsequent to the publication of the general statutes, revised to January 1, 2007).
CT Gen Stat § 3-56 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-56 - Definitions.

 Section 3-56 is repealed.(1949 Rev., S. 148; 1949, S. 41d; 1961, P.A. 540, S. 31.)
CT Gen Stat § 3-57 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-57 - Escheat of property unclaimed or unused for seven years.

 Section 3-57 is repealed.(1949 Rev., S. 149; September, 1957, P.A. 11, S. 3; 1961, P.A. 540, S. 31.)
CT Gen Stat § 3-58 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-58 - Sale of escheated property.

 Section 3-58 is repealed.(1949 Rev., S. 150; 1961, P.A. 540, S. 31.)
CT Gen Stat § 3-58a (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-58a - Funds held by insurance company presumed abandoned, when.

 (a) Unclaimed funds held and owing by an insurance company shall be presumed abandoned if a person other than the insured or annuitant is entitled to the funds and no address of such person is known to the company. If it is not definite and certain from the records of the company what person is entitled to the funds, it is presumed that the last-known address of the person entitled to the funds is the same as the last-known address of the insured or annuitant according to the records of the company.(b) As used in this section, “unclaimed funds” means all moneys held and owing by any insurance company unclaimed and unpaid for more than three years after the moneys became due and payable as established from the records of a life insurance company under any life or endowment insurance policy or annuity contract which has matured or terminated or after the moneys became due and payable as established from the records of any other insurance company. A life insurance policy not matured by actual proof of the death of the insured is deemed to be matured and the proceeds thereof are deemed to be due and payable if such policy was in force when the insured attained the limiting age under the mortality table on which the reserve is based, unless the person appearing entitled thereto has within the preceding three years (1) assigned, readjusted or paid premiums on the policy, or subjected the policy to loan, or (2) corresponded in writing with the insurance company concerning the policy. Moneys otherwise payable according to the records of the company are deemed due and payable although the policy or contract has not been surrendered as required.(1961, P.A. 540, S. 3; Nov. Sp. Sess. P.A. 81-1, S. 2, 10; P.A. 84-456, S. 3, 12; June 30 Sp. Sess. P.A. 03-1, S. 68.)History: Nov. Sp. Sess. P.A. 81-1 redefined “unclaimed funds” in Subsec. (b) as those moneys unclaimed and unpaid for 5 rather than 10 years after they became due and payable and changed period during which insured may take action from 10 to 5 years; P.A. 84-456 amended Subsec. (a) concerning the presumption of abandonment for unclaimed funds held by a life insurance company so that such presumption is established if a person other than the insured or annuitant is entitled to the funds and no address for such person is known; June 30 Sp. Sess. P.A. 03-1 replaced references to “life insurance corporation” and “corporation” with references to “insurance company” and “company” throughout and, in Subsec. (b), decreased period for presumed abandonment from 5 to 3 years, added reference to “life insurance company” and added provision re moneys due and payable as established from the records of any other insurance company, effective August 16, 2003.
CT Gen Stat § 3-59 (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-59 - Petition in case of interest in escheated property. Appeal.

 Section 3-59 is repealed.(1949 Rev., S. 151; 1949, S. 42d; 1961, P.A. 540, S. 31.)
CT Gen Stat § 3-59a (2020)
2020 Connecticut General Statutes|Title 3 - State Elective Officers|Chapter 32 - Treasurer|Section 3-59a - Property held by a business association or payable in the course of demutualization of an insurance company presumed abandoned, when.

 (a) Any stock or other certificate of ownership, or any dividend, profit, distribution, interest, payment on principal, mineral proceeds or other sum held or owing by a business association for or to a shareholder, certificate holder, member, bondholder or other security holder, or a participating patron of a cooperative, who has not claimed it or corresponded in writing with the business association concerning it within three years after the date prescribed for payment or delivery, is presumed abandoned.(b) Any sum payable on a traveler's check issued or sold in this state on which a business association is directly liable, which has been outstanding for more than fifteen years from the date of its issuance is presumed abandoned, unless the owner has within fifteen years corresponded in writing with the business association concerning it, or otherwise indicated an interest as evidenced by a memorandum on file with such business association.(c) Any sum payable on a money order issued or sold in this state on which a business association is directly liable, which money order has been outstanding for more than seven years from the date of its issuance, is presumed abandoned.(d) Any property payable or distributable in the course of a demutualization of an insurance company is presumed abandoned if the property is unclaimed and unpaid three years after the date the property became payable or distributable.(1961, P.A. 540, S. 4; P.A. 75-89, S. 2, 3; Nov. Sp. Sess. P.A. 81-1, S. 3, 10; P.A. 84-456, S. 4, 12; P.A. 93-38, S. 1; June 30 Sp. Sess. P.A. 03-1, S. 69; P.A. 06-127, S. 1.)History: P.A. 75-89 added Subsec. (b) concerning presumption of abandonment re traveler's checks; Nov. Sp. Sess. P.A. 81-1 changed time period after which property is presumed abandoned from 10 to 7 years; P.A. 84-456 amended Subsec. (a) by deleting certain conditions concerning the presumption of abandonment, which conditions required that the holder be organized under the laws of Connecticut and that the records of the holder indicate that the last-known address of the person entitled to the property is in this state; P.A. 93-38 changed time period after which property is presumed abandoned from 7 to 5 years; June 30 Sp. Sess. P.A. 03-1 amended Subsec. (a) by adding reference to “mineral proceeds” and decreasing period for presumed abandonment from 5 to 3 years, and added Subsec. (c) re property payable or distributable in the course of demutualization of an insurance company presumed abandoned, effective August 16, 2003; P.A. 06-127 inserted new Subsec. (c) re presumption of abandonment re money orders and redesignated existing Subsec. (c) as Subsec. (d), effective July 1, 2007.