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Connecticut General Statutes Title 7. Municipalities § 7-566. Municipal petition to become a debtor

Current as of January 01, 2025 | Updated by Findlaw Staff

No municipality shall file a petition to become a debtor under Chapter 9 of Title 11 of the United States Code  1 without the express prior written consent of the Governor. If the Governor consents to a petition, he shall submit a report to the Treasurer and the joint standing committee of the General Assembly having cognizance of matters relating to finance, revenue and bonding which sets forth the reasons for consent.

1 11 U.S.C.A. § 901 et seq.
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Cite this article: FindLaw.com - Connecticut General Statutes Title 7. Municipalities § 7-566. Municipal petition to become a debtor - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-7-municipalities/ct-gen-st-sect-7-566/

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