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Current as of January 01, 2025 | Updated by Findlaw Staff
There is established a nonlapsing fund that shall contain (1) any moneys received by the state from the sale, lease or transfer of all or any part of Norwich Hospital or any regional center that takes place after January 1, 2001, and (2) any other moneys required by law to be deposited in a separate account within the General Fund for purposes of this section, section 17a-212a or section 4 of public act 01-154. 1 The Treasurer shall credit the fund with its investment earnings. Any balance remaining in said fund at the end of any fiscal year shall be carried forward in the fund for the fiscal year next succeeding. The principal and interest of the fund shall be used solely for the purpose of site acquisition, capital development and infrastructure costs necessary to provide services to persons with intellectual disability or psychiatric disabilities, provided amounts in the fund may be expended only pursuant to appropriation by the General Assembly.
Cite this article: FindLaw.com - Connecticut General Statutes Title 17A. Social and Human Services and Resources § 17a-451d. Nonlapsing fund for site acquisition, capital development and infrastructure costs to provide services to persons with intellectual disability or psychiatric disabilities - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-17a-social-and-human-services-and-resources/ct-gen-st-sect-17a-451d/
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