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Current as of June 28, 2021 | Updated by FindLaw Staff
Any municipality may adopt an ordinance providing for the release or return to the insured of any proceeds subject to a lien, to which it would otherwise be entitled, provided the insured agrees with the municipality to restore the affected premises to at least the same condition that it was in prior to the time that such lien of the municipality arose, subject to such conditions as such ordinance shall provide in order to guarantee performance of such obligation.
Cite this article: FindLaw.com - Connecticut General Statutes Title 49. Mortgages and Liens § 49-73f. Municipal ordinance providing for release or return of insurance proceeds - last updated June 28, 2021 | https://codes.findlaw.com/ct/title-49-mortgages-and-liens/ct-gen-st-sect-49-73f.html
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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