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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) As used in this section:
(1) “Nonprofit land-holding organization” means a nonprofit corporation incorporated pursuant to chapter 602, 1 or any predecessor statute thereto, having as one of its principal purposes the conservation and preservation of land, including, but not limited to, a land trust; and
(2) “Conservation restriction” has the same meaning as provided in section 47-42a.
(b) Any deed or other instrument of conveyance by which an interest in real property, including, but not limited to, a conservation restriction or easement, is conveyed to a nonprofit land-holding organization on or after October 1, 2004, shall, in addition to other requirements of law, be signed by a duly authorized officer of such nonprofit land-holding organization to indicate acceptance of such interest by the nonprofit land-holding organization.
(c) Any person who conveys any interest in real property to a nonprofit land-holding organization on or after October 1, 2004, by a deed or other instrument of conveyance that is not signed by a duly authorized officer of such nonprofit land-holding organization as required under subsection (b) of this section shall be liable for a civil penalty in the amount of five hundred dollars. Any such conveyance shall be deemed an unfair or deceptive trade practice under subsection (a) of section 42-110b.
Cite this article: FindLaw.com - Connecticut General Statutes Title 47. Land and Land Titles § 47-6b. Conveyances to nonprofit land-holding organizations - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-47-land-and-land-titles/ct-gen-st-sect-47-6b/
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