No municipality shall file a petition to become a debtor under Chapter 9 of Title 11 of the United States Code 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.
Conn. Gen. Stat. § 7-566
Municipal petition to become a debtor
Applied in 1 court decision — leading case Rand-Whitney Containerboard Ltd. Partnership v. Town of Montville (2007)
Most recently applied in Rand-Whitney Containerboard Ltd. Partnership v. Town of Montville (September 2007)
(P.A. 93-421, S. 7, 22.) History: P.A. 93-421 effective July 1, 1993.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.